7.5% CAP RATE! NEW CHEVRON STATION FOR SALE! (20-YEAR PURE NNN LEASE)

For Sale

7960 Wire Rd, Zephyrhills, FL 33540

This Zephyrhills property for sale is located at 7960 Wire Rd. The current listed sale price for 7.5% CAP RATE! NEW CHEVRON STATION FOR SALE! (20-YEAR PURE NNN LEASE) is $3,300,000. 7.5% CAP RATE! NEW CHEVRON STATION FOR SALE! (20-YEAR PURE NNN LEASE) is situated on a lot that is 0.93 acre in size.

Contacts

broker

David Rosenthal

Grimaldi Commercial Realty

Property Details

  • Property Type Retail - Street Retail
  • Property Size 2,400 SF
  • Units 1
  • Lot Size 0.93 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 20
  • Property Tenancy Single Tenant
  • Year Built 1986
  • Year Renovated 2023
  • Date Updated Oct 2, 2024
LOCATED IN THE HEART OF ZEPHYRHILLS, FL! ON A SIGNALIZED INTERSECTION!

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Highlights

  • BRAND NEW 4-PUMP CHEVRON STATION WITH FAMOUS "HARRY'S FOOD MART" C-STORE IN THE HEART OF ZEPHYRHILLS, FL!
  • LOCATED DIRECTLY ACROSS THE STREET FROM THE BRAND NEW "ABBOTT PARK" DEVELOPMENT!
  • THE "ABBOTT PARK" DEVELOPMENT IS A NEW COMMUNITY WITH OVER 514 SINGLE FAMILY HOMES!
  • 20-YEAR PURE NNN LEASE WITH TWO 5-YEAR OPTIONS! 5% RENTAL INCREASES EVERY 5 YEARS THROUGHOUT THE TERM OF THE LEASE.
  • ASSUMABLE FINANCING AVAILABLE!
  • 7.5% CAP RATE IN 2024!
  • 8% CAP RATE IN 2029!
  • 8.25% CAP RATE IN 2034!
  • 9% CAP RATE IN 2039!
  • 9.25% CAP RATE IN 2044!
  • RECENT SITE RENOVATIONS INCLUDE NEW HVAC, NEW ROOF, NEW TANKS, NEW PUMPS, NEW CANOPY, NEW SIGNAGE, NEW PAINT, AND NEWLY RENOVATED INSIDE STORE WITH MANY INTERIOR UPDATES!
  • STRONG TENANT IN PLACE WITH OVER 35 YEARS OF GAS STATION OPERATION EXPERIENCE AND EXTREMELY STRONG FINANCIALS!

Attachments

Getting around

  • 3/100

    Walk Score ®

  • 32/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Zephyrhills, FL
  • Neighborhood Heather Park
  • Zip Code 33540
  • Market Tampa St Petersburg Clearwater

Points of Interest

  • 7-Eleven

    0.61 miles

  • Speedway

    0.82 miles

  • Shell

    3.80 miles

  • Marathon

    7.03 miles

  • Citgo

    7.22 miles

  • Sunoco

    8.31 miles

  • RaceTrac

    8.88 miles

  • Visitor Parking

    1.63 miles

  • Student Parking

    1.71 miles

  • Faculty Parking

    1.74 miles

  • Cumpressco Entrance

    9.04 miles

  • Chili's

    0.64 miles

  • Chick-fil-A

    0.67 miles

  • Arby's

    0.71 miles

  • Taco Bell

    0.85 miles

  • Golden Corral

    1.28 miles

  • Culver's

    1.68 miles

  • Sunrise Eatery

    2.19 miles

  • Manolo’s Ristorante

    2.73 miles

  • Saigon Cafe

    2.89 miles

  • Burger King

    3.85 miles

  • Publix

    0.40 miles

  • Walmart Supercenter

    0.75 miles

  • Winn-Dixie

    1.47 miles

  • Walmart

    4.76 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

David Rosenthal

Grimaldi Commercial Realty