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5320 US-27, Frostproof, FL, 33843

Mobil Gas Station

$2,128,999

Key Information

Cap Rate
7.5%
$ per SF
$1,653
Tot. SF
1,288
Year Built
2000
Term Remaining
± 20 Years
Type
Retail
NOI
$159,600

Highlights

• Highly Desirable Cap Rate: Offered at an attractive 7.50% Cap Rate with a strong starting annual rent of $159,600, presenting a high-yield opportunity for passive investors.
• Long-Term Cash Flow Security: Features a brand new 20-year lease term, ensuring decades of predictable, uninterrupted passive income.
• True “Hands-Off” Passive Ownership: An Absolute NNN (Fee Simple) lease structure ensures the landlord has zero responsibilities. The tenant handles all real estate taxes, insurance, maintenance, and structural repairs.
• Strong Built-in Inflation Hedge: The lease features compounding 8% rent increases every 5 years, protecting your yield against inflation and systematically driving the asset’s residual value up.
• Strong Credit Profile: The subject property is operated by Florida State Petroleum Operations, LLC, an established petroleum retail operator with a reported asset base of +$26 million.
• High-Traffic, Regional Freight Corridor: The property fronts US-27, a major freight artery linking Central and South Florida, carrying 3,200–3,700 trucks per day — roughly 20% of total traffic. Volumes are projected to grow to 42,800–52,800 vehicles daily by 2040.
• Agricultural Hub with Growing Freight Demand: Frostproof anchors Polk County’s citrus and agricultural economy, a $14.38 billion industry supporting over 86,000 jobs. Truck traffic is expected to climb further as the nearby CSX Integrated Logistics Center ramps up operations.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # BK3554632, CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203