Sold Subscription Required
| Price $2,426,700 | Built/Renov 1994 | Tenant Speedway (Dark) |
| Cap Rate 6.00% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
5,743
| Lease Start
03-25-2024
| #Units
3,900
|
| Price/SF $422.55 | Expiration
03-26-2037
| Tenant Type Convenience/Gas |
| NOI $145,601 | R. Term 12.4 | Ownership Fee Simple |
| Rent/SF
$25.35
| Increases 0.0%/0/yrs | Pop 5Mi 102,964 |
| Lot/AC 1.29 | Options 0/0yrs | AHHI 5Mi $56,311 |
| | |
Speedway St. Cloud is strategically located at the signalized, hard corner intersection of Division Street and 15th Avenue, with access to a combined daily traffic count of 23,800 vehicles. The property is surrounded by well-known national tenants, including The Home Depot, Menards, Dick’s Sporting Goods, Fresh Thyme, Starbucks, and more. Additionally, it is in close proximity to Crossroads...
...Signalized intersection
Hard corner intersection
Dense retail corridor
Near major nationals
Top 100 MSA
Strong demographics
Absolute NNN
Accelerated depreciation
Traded and rated company
Investment grade tenant
Speedway is an American convenience store and gas station chain with locations primarily in the Midwest and the East Coast regions of the United States. Founded in 1952 as Speedway 79, and as of...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 5,320 | 40,993 | 106,200 |
| 2024 Total Population : | 5,379 | 39,393 | 103,380 |
| 2024 Employed Civilian Pop : | 2,705 | 19,509 | 53,417 |
| 2024 Total Businesses : | 404 | 2,160 | 4,400 |
| 2024 Average Household Income : | $ 56,343 | $ 80,547 | $ 82,805 |
| 2024 Total Consumer Spending : | $ 117 M | $ 1187 M | $ 2991 M |
| 2024 Median Age : | 34 | 37 | 34 |
| 2024 Total Households : | 2,335 | 16,725 | 40,895 |
| 2024 Pop Age 25+: Bachelor's Degree : | 478 | 5,142 | 13,186 |
| 2024 Average Home Value : | $ 309,088 | $ 303,046 | $ 306,899 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| 15th Ave N | Frontage Rd N | 2017 | 7,400 | 0.13 mi |
| 13th Ave N | 1st St N | 2017 | 1,300 | 0.14 mi |
| Division St | 15th Ave N | 2017 | 23,800 | 0.16 mi |
| 13th Ave N | Moose Horn Dr | 2006 | 1,040 | 0.25 mi |
| Division St | 11th Ave S | 2017 | 20,500 | 0.29 mi |
| 10th Ave N | 1st St N | 2017 | 11,500 | 0.33 mi |
| Division St | 15th Ave N | 2006 | 24,341 | 0.33 mi |
| 10th Ave S | Division St | 2017 | 14,000 | 0.34 mi |
| State Hwy 23 | 10th Ave S | 2017 | 15,100 | 0.40 mi |
| 10th Ave S | 1st St S | 2006 | 15,447 | 0.41 mi |
Dallas, TX
Cap Rate 5.00%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 2,824
Altoona, WI
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 2,800
Brownsville, TX
Cap Rate 5.00%
Lease Abs NNN
R. Term 20.10 yrs
Size/SF 2,824
Granger, IN
Cap Rate 7.00%
Lease Abs NNN
R. Term 7.80 yrs
Size/SF 3,178
Mundelein, IL
Cap Rate 5.35%
Lease Abs NNN
R. Term 19.50 yrs
Size/SF 4,400
Eufaula, OK
Cap Rate 7.00%
Lease Abs NNN
R. Term 7.70 yrs
Size/SF 3,336
Dallas, TX
Cap Rate 5.00%
Lease Abs NNN
R. Term 19.10 yrs
Size/SF 2,824
El Paso, TX
Cap Rate 5.00%
Lease Abs NNN
R. Term 20.10 yrs
Size/SF 2,824
Panama City Beach, FL
Cap Rate 5.00%
Lease Abs NNN
R. Term 20.30 yrs
Size/SF 2,824
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
