724 E Broadway St | Fort Meade, FL 33841
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724 E Broadway St
Fort Meade, FL 33841
SQRL Fuel Station · Retail Property For Sale
Investment Highlights
- Long-Term Absolute NNN Lease – The tenant recently executed a brand new 20-year Absolute NNN lease, providing a completely passive longterm investment
- Corporate Guarantee - SQRL Holdings currently operates 86 locations and is rapidly expanding with dozens of additional units in the pipeline.
- Fee Simple Ownership –This property qualifies for 100% bonus depreciation; please consult your CPA for further details.
- Annual Rental Increases – The lease features 2% annual increases, providing an excellent hedge against inflation and growing the NOI in accordance.
- Rebranding to SQRL Fuel Station - The tenant is re-branding the site to SQRL Fuel Station’s 2022 prototype; renovating the interior and exterior.
- Income Tax-Free State –The state of Florida has no state income tax.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
7,151 SF
Building Class
C
Year Built
1990
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.73 AC
Frontage
414 FT on East Broadway Street
PROPERTY TAXES
| Parcel Number | 25-31-26-444500-000010 | Improvements Assessment | $407,907 |
| Land Assessment | $42,760 | Total Assessment | $450,667 |
PROPERTY TAXES
Parcel Number
25-31-26-444500-000010
Land Assessment
$42,760
Improvements Assessment
$407,907
Total Assessment
$450,667
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