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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.


FINANCIAL OVERVIEW

Price: $3,866,667

Cap Rate: 6.75%

NOI: $261,000

SF: 3,029

Term: 20 Years

Type: Absolute NNN

INVESTMENT HIGHLIGHTS


    • 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