MONEY-MAKING GAS STATION, LEASED RESTAURANT IN A ONE OF A KIND LOCATION IN AN INCREDIBLY HIGH TRAFFIC FLOW LOCATION NEAR THE ORLANDO AIRPORT AND DISNEY WORLD
PURCHASE PRICE PER THE SELLER AT $12,775,000 PLUS THE BUYER PAID 4% REAL ESTATE COMMISSION
THIS IS AN ULTRA MODERN GAS STATION, "SUN-GAS". THIS FULL SERVICE STATION WAS BUILT IN 2000 AND SITS ON A HARD CORNER ON BUTLER AVENUE IN A GREAT PART OF ORLANDO. THIS PROPERTY IS APPROXIMATELY 2.5 MILES FROM the Orlando AIRPORT. IN ADDITION TO A TREMENDOUS AMOUNT OF PUMPING ISLANDS, THERE IS A 4,500 SQUARE FOOT CONVENIENCE STORE AND A LEASED-OUT ITALIAN EATERY OF ABOUT 3,300 SQUARE FEET. THE LAND PARCEL IS 1.37 ACRES. THE message, AS IT SHOWS IN THE picture, ARE OUTSTANDING.
THE NET OPERATING INCOME IS $830,375 AND BASED ON PURCHADE PRICE OF $12,775,000, THE CAP RATE IS HIGHER THAN THE LOCA AVERAGE AT 6.5%.
THIS IS A CLASS B ASSET. THE PUMPS ARE NEW, AS WELL AS THE PAVING.
THE APN IS: 30-2328-6245-01-00
SUBJECT ADDRESS:
5600 BUTLER NATIONAL DRIVE
ORLANDO. FLORIDA 32812
PACKAGE AND NOT A FORMAL DUE DILIGENCE PACKAGE. ONCE THE BUYER AND THE SELLER EXECUTE THE PURCHASE AND SALE AGREEMENT AND THE BUYER OPENS UP THE CONTRACTED ESCROW TRUST ACCOUNT WITH THEIR CONTRACTED EARNEST MONEY DEPOSIT, THE SELLER WILL THEN PROVIDE THE BUYER WITH ALL OF THE UPDATED P&Ls, RENT ROLLS, TENANT'S LEASES AND ANY VENDOR CONTRACTS THAT EXIST TO CLOSE THIS TRANSACTION.
TO MOVE FORWARD, THE BUYER AND/OR THE SELLER MUST SIGN THE ASSET SPECIFIC MASTER FEE AGREEMENT (DEPENDING ON THE EXECUTED PURCHASE PRICE), AND THE BUYER MUST PROVIDE AN ASSET SPECIFIC LETTER OF INTENT TO INCLUDE THE PURCHASE PRICE, DUE DILIGENCE PERIOD, CLOSE OF ESCROW OF DATE AND THE AMOUNT OF THE EARNEST MONEY DEPOSIT THAT WILL BE ESCROWED ONCE THE BUYER AND THE SELLER EXECUTE THE PURCHASE AND SALE AGREEMENT. THE BUYER TO PROVIDE A BUYER'S COMMERCIAL BIO OF COMMERCIAL ASSET HELD IN THEIR INVESTMENT PORTFOLIO. THE BUYER TO PROVIDE A BUYER'S VERIFIABLE PROOF OF FUNDS IN THE FORM OF A BANK OR FUND STATEMENT OF ACCOUNT.
