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Last updated on September 19th, 2024

Citgo Gas Station for sale in Orlando

$2,270,000

8431 E. Colonial Drive, Orlando, Florida 32817


Building Size4,719 Square Feet
Land Size0.71 Acres
ZoningC-1
Parking11
WaterPublic
SewerPublic
Year Built1976
ConstructionBlock
RoofMembrane
Traffic Count45,000 VPD

Exceptional business and real estate investment with this fully operational gas station and tenanted units, strategically positioned on a high-traffic corner lot at the first exit of Highway 417 onto Colonial Drive heading west.

This property features a gas station/convenience store in one unit and a grocery store/mini-mart equipped with a full kitchen in the other, making it a versatile and lucrative opportunity.

Key Highlights:

  • Prime Location: Positioned on a corner lot with the first exit off Highway 417, ensuring high visibility and a consistent customer flow with an average daily traffic count of over 45,000 vehicles.
  • Modern and Efficient Gas Station: Equipped with updated gas pumps featuring credit card payment systems and energy-efficient LED lighting. The station includes 4 double-sided filling stations, offering a total of 8 gas pumps with 3 fuel grades and 1 diesel pump.
  • Environmental Safety: Double-walled gas tanks are in place, ensuring compliance with environmental safety regulations.
  • Income Stability with Triple Net Leases: The property is offered with Triple Net Lease (NNN) tenants in place, providing a stable income stream and minimal management responsibilities for future owners.
  • Leasable Space: The grocery store with a full kitchen boasts 2,542 sq ft of net leasable space, while the convenience store covers 1,693 sq ft. Additional revenue streams include an ATM inside the convenience store and lottery sales.
  • Recent Upgrades: The property features a new roof and a freshly painted exterior as of 2024, reducing immediate capital expenditure requirements for the new owner.

Whether you're looking to expand your portfolio or enter the value-added gas station and convenience store market, this opportunity promises immediate returns and long-term growth potential.

Don’t miss out on this high-traffic, high-visibility location with stable income and strong investment fundamentals. Contact us today for more information or to schedule a viewing!

https://tours.snaphouss.com/8431eastcolonialdriveorlandofl32817?b=0

https://youtu.be/syWFNs9vrRg


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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