Sale Price: $7,447,619
Building Size: 9,100 SF
NOI: $391,000.00
Cap Rate: 5.25%

This is an absolute net leased C-Store offering in Winter Park, FL. The Chevron branded station has a new 20 year absolute NNN lease and calls for 1.75% annual Increases in rent. The lease is corporately guaranteed by a leading 1,000-unit operator based in the Northeast.

Winter Park is a city in Orange County, Florida, United States. The population was 30,825 according to the 2019 census population
estimate. It is part of the Orlando–Kissimmee–Sanford, Florida Metropolitan Statistical Area.

Winter Park was founded as a resort community by northern business magnates in the late 19th and early 20th centuries (Founded on July 4, 1881 – Tales of Winter Park). Its main street, called Park Avenue, is located in the middle of town. It includes civic buildings, retail, art galleries, a private liberal arts college (Rollins College), museums, a park, a train station, a golf course country club, a historic cemetery, and a beach and boat launch.