SQRL Space Coast FL 002
High Sales Store Next to Golf Course Community
Nearby Space-X & NASA
Bonus Depreciation | Perfect for 1031x | Signalized Intersection
🏆 Includes Attached QSR 🚗 18K VPD
Here’s an exclusive first look at this new SQRL gas station and convenience store net lease property for sale at a signalized intersection with high traffic counts of 18K AADT can greatly benefit your investment portfolio. With a 3-mile population of 39K people and an expected 7.08% growth over 5 years, this location offers a strong potential customer base. Additionally, the presence of national retailers such as Publix, The Home Depot, Target, Walmart, Lowe’s, CVS, & many more in the immediate area provides a strong retail presence.
Located near a charter school and middle school, as well as a nearby country club and expanding residential subdivisions, this gas station and convenience store net lease property for sale offers a prime location for potential customers. Continued expansion for SQRL throughout the Florida Space Coast & other core submarkets means that this location has excellent growth potential.
The store includes business licenses for beer, wine, tobacco & lottery, and Florida is an income tax free state, creating a win-win situation for both the tenant and the landlord. This property qualifies for accelerated depreciation and would make a fantastic addition to your CRE portfolio.
Please contact an agent for the full OM and additional information.
Cap Rate: 6.75%
Term: 20 Years
Type: Absolute NNN
- 20 Year Absolute NNN Lease
- Zero Landlord Responsibilities
- Qualified for Accelerated Depreciation
- Being Remodeled as a SQRL Fuel Station & C-Store
- 2% Annual Rent Increases
- Accessible from Two Main Roads with 24,000+ AADT
- Corporate Guaranteed NNN Lease Backed by 150+ Unit Operator
- Well Established Store with Sales Reporting