FLORIDA OIL CORP. GAS STATION & C-STORE
Clearwater, FL · Pinellas County
$2,226,000
- Type
- Convenience Store, Gas Station
- Size
- 0.35 acres
- Zoning
- GC
- Real estate
- Included
About this listing
Shell branded gas station and convenience store in downtown Clearwater, Florida
This offering presents the opportunity to acquire a Shell branded gas station and convenience store in downtown Clearwater, Florida, at the intersection of NE Cleveland Street and Drew Street. The property is leased to Florida Oil Corp., a 50-unit operator, on an absolute NNN lease with approximately 16 years remaining and 10% rent increases every five years. The building is only 300 SF, so it qualifies for bonus depreciation. The seller will credit the rent difference at closing so the buyer receives the $132,000 run rate from day one.
Listed by another broker on Crexi. We can approach the listing broker for you. Original listing ↗