Chevron for Sale in Zephyrhills, FL
Zephyrhills, FL
Key Investment Metrics
Price
$3,800,000
Cap Rate
7.2%
Net Operating Income
$269,280
Building Size
2400 SF
Land Area
1.07 Acres
Remaining Term
19 years
Lease Expiration
02/20/2045
Lease Term
20 years
Lease Commencement
01/01/2025
Lease Type
NNN
Tenant Credit
Credit Rated
Year Built
1986
Occupancy
100%
Tenancy
Single
Rent Increases
2% rental increases every year throughout the term of the lease
Property overview
Chevron in Zephyrhills
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 2,400 SF
- Land area
- 1.07 acres
- Year built
- 1986
- Lease type
- NNN
- Lease expiration
- 02/20/2045
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.