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Shell 4701 W Sunrise Blvd

4,686 SF Retail Building Plantation, FL 33313 $4,568,000 ($975/SF) 6.25% Cap Rate

Retail Space Florida Plantation 4701 W Sunrise Blvd, Plantation, FL 33313

Investment Highlights

  • 21-Year Absolute NNN Lease
  • 2.00% Annual Increases
  • 460,000+ Population within 5-Miles
  • Three Guarantors ($70MM+ Net Worth)
  • 28-Unit Operating LLC
  • Two, 10-Year Options

Executive Summary

Embree Capital Markets is pleased to offer for sale to qualified investors a unique freestanding Shell gas stations and convenience stores. This is an opportunity for an investor to acquire well located gas stations in a personal income tax-free state. The subject property received various property renovations in 2020. The absolute NNN leases feature 2.00% annual increases during their 21-year primary term and features two, 10-year extension options.

Attachments

4701 W Sunshine Blvd, Plantation, FL - Shell V24

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
4,686 SF
Building Class
C
Year Built
1965
Price
$4,568,000
Price Per SF
$975
Cap Rate
6.25%
NOI
$285,471
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Land Acres
0.89 AC
Zoning
HC - HYBRID COMMERCIAL
Parking
8 Spaces (1.71 Spaces per 1,000 SF Leased)
Frontage
182 FT on NW 47th Ave

Amenities

  • Pylon Sign

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Shell
  • Mining, Quarrying, and Oil and Gas Extraction
  • 4,686 SF
  • $140.90
  • Triple Net
  • Nov 2040
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Shell Mining, Quarrying, and Oil and Gas Extraction 4,686 SF $140.90 Triple Net Nov 2040
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PROPERTY TAXES

Parcel Numbers
Multiple
  • 49-41-36-26-0010
  • 49-41-36-26-0020
 Improvements Assessment $755,780
Land Assessment $1,014,400 Total Assessment $1,770,180

PROPERTY TAXES

Parcel Numbers
Multiple
  • 49-41-36-26-0010
  • 49-41-36-26-0020
Land Assessment
$1,014,400
Improvements Assessment
$755,780
Total Assessment
$1,770,180
(512) 630-9758

  • Listing ID: 31845605

  • Date on Market: 5/17/2024

  • Last Updated:

  • Address: 4701 W Sunrise Blvd, Plantation, FL 33313

More public record information on 4701 W Sunrise Blvd, Plantation, FL 33313

The Retail Property at 4701 W Sunrise Blvd, Plantation, FL 33313 is currently available For Sale. Contact Embree Capital Markets Group for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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Shell | 4701 W Sunrise Blvd
(512) 630-9758 x

Shell | 4701 W Sunrise Blvd

Klinton Lewis

(512) 630-9758

(512) 630-9758

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