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24915383
24902181

12000 S Shore Blvd, Wellington, FL 33414

MS
FL BK3462183
STAX Real Estate
Listed by STAX Real Estate
$12,500,000
323 days on market
Updated 94 days ago

Shell Wellington FL Owner-User

Details
APN 73-41-44-10-38-004-0000
Property Type Retail
Sub Type Convenience Store, Gas Station (+1)
Square Footage 4,170
Net Rentable (SqFt) 4,170
Units 1
Occupancy 100%
Tenancy Single
Brand/Tenant Shell
Lease Term 20
Pro-Forma NOI $1,100,000
Price per SqFt $2,998
Broker Co-Op Yes
Class A
Year Built 2002
Buildings 2
Stories 1
Acreage 1.390
Zoning Commercial
Parking Spaces spaces
Investment Type Owner/User
Occupancy Date 04/08/2022
Ground Lease No
Ownership Private

Business + Real Estate | Flagship Gas Station | South Florida

Marketing description

Strategically located Shell at 12000 South Shore Blvd in Wellington, Florida.

Positioned in the heart of Wellington Town Square and benefiting from affluent demographics, this Class A pad site shadows a heavily trafficked Publix Supermarket. Strict zoning restrictions eliminate future competition.

This Shell branded station boasts 12 pumps, a large convenience store with café, modern car wash, high sales volume, and reported EBITDA in excess of $1.1 million. With essential services including a United States Post Office branch, this recession-proof property guarantees steady foot traffic.

In addition to Florida's income tax-free status, premium tax benefits include 100% bonus depreciation and qualification for accelerated depreciation. Wellington's reputation as the equestrian capital of the world adds to the value and prestige of this property. Don't miss out on this lucrative investment opportunity at the bustling Shell in Wellington!

Investment highlights

Flagship Owner/User Shell Gas Station Opportunity

  • Real Estate and Business

  • Multiple Income Streams

Highly Coveted Real Estate

  • Publix Anchored Class A Pad Site

  • Strategically Positioned in the Heart of Wellington Town Square by the Palm Beach Polo Club

  • Affluent Demographics with Captive Audience

  • Zoning Restrictions = No Future Competition

100% Bonus Depreciation Tax Benefits

  • Qualifies for Accelerated Depreciation (petrol sales)

  • Florida is an Income Tax-Free State

High Sales Volume

  • High Sales w/ EBITDA North of $1.1M+

  • High Fuel Margins

Recession-Proof Essential Retail

  • Store Can Remain Open in Case of Pandemics

  • Gas Stations and C-stores are Historically Recession-Resistant Businesses

Trophy Location w/ Rare Dirt

  • Wellington has tight zoning restrictions on gas stations eliminating potential for future competition

  • Publix anchored shadow parcel

  • Robust traffic counts of over 28,000 VPD on South Shore Blvd, just off the signalized intersection with

  • United States Post Office branch located inside, which drives additional customer traffic

  • Average household income over $124,000 with a population of over 69,000 within a three mile radius of this location

  • Premium Shell branded gas station with 12 pumps

  • Larger than average 4,170 square foot convenience store with café

  • Car Wash on the premises and detailing service also offered

  • Directly across from the entrance to luxury condo communities with 420+ units

  • Wellington is renowned as the winter equestrian capital of the world, celebrated for its vibrant equestrian community, family-friendly atmosphere, and affluent lifestyle

Listing Contacts

MS
FL BK3462183
STAX Real Estate
Listed by STAX Real Estate

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