7.2% CAP RATE! NEW CENTRAL FLORIDA SHELL (PURE NNN 20-YEAR LEASE)

Prime Triple Net (NNN) Retail Investment | 7.2% Cap Rate with 10.5% Upside

Location: Hard Corner of US-Hwy-441, Leesburg, Florida (Central Florida/Orlando MSA)

Price: $4,990,000

Building Size: 1,344 SF | Year Built: 1953 (Fully Remodeled 2024/2025)

Executive Summary: A Recession-Resistant Passive Asset

Secure a premier piece of Florida commercial real estate with this fully remodeled, 10-pump Shell Gas Station and signature "Go Market" convenience store. Located in the heart of Central Florida, just north of Orlando in Leesburg, this property represents the gold standard of "hands-off" real estate investing.

With a brand-new 20-year absolute NNN lease set to commence at closing, this asset offers an investor immediate stability, a 7.2% entry cap rate, and aggressive built-in rent escalations that ensure long-term protection against inflation.

Unbeatable Location & Traffic Dynamics

The property occupies a strategic hard corner on US-Highway 441, one of the most vital arterial routes in the United States. Running from Miami to Tennessee, Hwy 441 serves as a primary north-south corridor for commuters, tourists, and logistics traffic.

• High Visibility: Massive daily traffic counts drive consistent "pump-to-store" conversion.

• Strategic Hub: Situated in Leesburg, a rapidly growing segment of the Orlando metropolitan area, capturing local daily needs and long-distance travelers alike.

The Lease: 20 Years of Guaranteed Security

This is a Pure NNN Lease, meaning the tenant is responsible for 100% of the property expenses—including taxes, insurance, CAM, roof, and structure. It is an ideal vehicle for 1031 exchange buyers or out-of-state investors seeking a "mailbox money" lifestyle.

• Initial Term: 20 Years (Commencing 2025).

• Options: Two (2) additional 5-year renewal options.

• Rent Increases: 10% increases every five years.

• Guaranteed Income: Starting at $360,000 annually ($30,000/month), the lease is fully guaranteed by a seasoned operator with a 36-year track record and over 50 successful locations across Florida.

Financial Performance & Cap Rate Growth

Unlike traditional retail assets with stagnant returns, this Shell-branded station offers a dynamic yield curve.

• In-place Cap Rate: 7.2%

• 2030 Projection: 8.0%+ Cap Rate

• 2035 Projection: 9.0%+ Cap Rate

• Term End Projection: 10.5%+ Cap Rate

• Average Yield: An incredible 9% average cap rate over the initial 20-year term.

Recent Capital Improvements & Modernization

The property has undergone an extensive top-to-bottom renovation, significantly reducing any near-term capital expenditure risks for the owner. Recent upgrades include:

• Infrastructure: New roof, new HVAC system, and updated canopy.

• Fueling Systems: Modernized pumps and a fresh Shell-branded pylon sign for maximum street appeal.

• The "Go Market" C-Store: A total interior and exterior redesign, featuring new paint, flooring, and a high-end retail layout.

• Compliance: Clean environmental reports and a new security system are already in place.

Why Invest in Leesburg, Florida?

Florida remains one of the most tax-friendly states in the US, with no state income tax and a booming population. This site benefits from the state’s massive infrastructure investment and the "sunbelt migration" trend. By acquiring a Shell-backed station on a major highway, you are investing in a "sticky" asset—essential infrastructure that thrives regardless of economic cycles.

Don’t miss this rare opportunity to own a high-traffic, 7.2% cap NNN asset with a 20-year term in the Florida market.

Contact us today for a full Offering Memorandum (OM) and environmental documentation.