Listed by Net Leased Investment Company
$55,000
Chevron - New Smyrna Beach - Florida
Details
Property Type Business for Sale
Sub Type Business Only
Square Footage 1,500
Pumps 6
Cap Rate 96.36%
NOI $53,000
Occupancy 100%
Tenancy Single
Lease Type NN+
Lease Term 5
Lease Expiration 02/11/2031
Remaining Term 4.7
Rent Bumps Yes
Lease Options 3 five year
Price per SqFt $37
Year Built 1983
Buildings 1
Acreage 0.650
Investment Type Owner/User
Lease Commencement 02/17/2026
Occupancy Date 02/15/2026
Ownership fee
Business for Sale | 96.36% CAP | 1,500 SqFt
Marketing description
New Smyrna is 1 of 2 convenience stores with gas on the island situated on a Publix outparcel in the busiest retail/tourist areas on the island. This store is slated to be expanded to drive volume as customers need additional services/hot food, etc. This store has had been run by an absentee owner. Sales would increase dramatically with an expansion and adding new items.
Investment highlights
Limited Competition
Publix outparcel in the main retail corridor of NSB
Tremendous potential for experienced operator to increase with hot food sales/delivery, Vapes, CBD, Hemp products, etc
Listing Contacts
Listed by Net Leased Investment Company
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$53,000.00
$4,416.67/mo
Valuation Metrics
0
DSCR
96.36%
Cap Rate
96.36%
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage Phone
Title
Is there information that looks off?
