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Auto Service - Gas-Conv

2,720 SF Gas Station and Convenience Store | NNN Lease | Signalized Corner Lot | Pinellas Park, FL

5790 62nd Ave N, Pinellas Park, FL 33781

Listing Price: $1,500,000

Cap Rate
5.44%
Tenant Name
Gas Station and Convenience Store
Years Remaining On Lease
2.2
Guarantor
No Guarantee
Rentable SF
2,720
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$30.00

Investment Overview

Marcus & Millichap is pleased to bring to market a Gas Station and Convenience Store located in Pinellas Park, FL.

Investment Highlights

  • 2,720 Sq. Ft. Gas Station and Convenience Store | Owner/User Opportunity
  • $30/SF Pro Forma Rents with a NNN Lease | Minimal Landlord Responsibilities
  • Four Gas Pumps With Convenience Store and Additional Parking | Lighted Pylon Sign
  • +/-0.73-AC Lot Situated on a Hard, Signalized Corner With Three Points of Ingress and Egress | Located in a Dense Residential Corridor
  • High Visibility Along 62nd Ave and 58th St, Seeing 21,900 Combined Vehicles Per Day
  • Proximity to a Major Retail Hub Near Multiple National Tenants Such as Target, Walmart Supercenter, Publix, Home Depot, The Shoppes at Park Place, Marshalls, Chick Fil A, McDonald's, Starbucks, Chili's, Chipotle and More
  • 1 Mile From HCA Florida Northside Hospital, With 288 Beds | 2.4 Miles From US-19 and I-275, a Major Traffic Artery into Downtown St Petersburg | 7 Miles From Bay Pines and Madeira Beach
  • Strong Demographics: Population Exceeds 274,500 Within 5-Miles, and is Expected to Increase by 2027 | Daytime Population Exceeds 315,300

Exclusively Listed By

Auto Service - Gas-Conv

2,720 SF Gas Station and Convenience Store | NNN Lease | Signalized Corner Lot | Pinellas Park, FL

Listing Price: $1,500,000

Cap Rate
5.44%
Tenant Name
Gas Station and Convenience Store
Years Remaining On Lease
2.2
Guarantor
No Guarantee
Rentable SF
2,720
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$30.00

Investment Highlights

  • 2,720 Sq. Ft. Gas Station and Convenience Store | Owner/User Opportunity
  • $30/SF Pro Forma Rents with a NNN Lease | Minimal Landlord Responsibilities
  • Four Gas Pumps With Convenience Store and Additional Parking | Lighted Pylon Sign
  • +/-0.73-AC Lot Situated on a Hard, Signalized Corner With Three Points of Ingress and Egress | Located in a Dense Residential Corridor
  • High Visibility Along 62nd Ave and 58th St, Seeing 21,900 Combined Vehicles Per Day
  • Proximity to a Major Retail Hub Near Multiple National Tenants Such as Target, Walmart Supercenter, Publix, Home Depot, The Shoppes at Park Place, Marshalls, Chick Fil A, McDonald's, Starbucks, Chili's, Chipotle and More
  • 1 Mile From HCA Florida Northside Hospital, With 288 Beds | 2.4 Miles From US-19 and I-275, a Major Traffic Artery into Downtown St Petersburg | 7 Miles From Bay Pines and Madeira Beach
  • Strong Demographics: Population Exceeds 274,500 Within 5-Miles, and is Expected to Increase by 2027 | Daytime Population Exceeds 315,300

Investment Overview

Marcus & Millichap is pleased to bring to market a Gas Station and Convenience Store located in Pinellas Park, FL.

Exclusively Listed By

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