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Established Convenience Store
For Sale
Contact for pricing
Pending

1072 US-27, Lake Placid, FL 33852

Hard-corner retail property with direct access from US-27 and an established operating history.

Property SizeContact for details
Days on Market141

Property Features for 1072 US-27

General Information

Standard status Pending
Property subtype Retail

Site & Location

Corner Location Yes
Traffic Count 21,579 vehicles/day
Road Access Yes

Additional Details

Cap Rate 7%

Building Details

Tenancy Single
Listing Agency: Net Leased Investment Company
Listed By: Bob Fraser · License #FL BK3023711
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 7:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Net Leased Investment Company

Investment Insights

Based on property information with market context.

This convenience store property at 1072 US-27 has served its use for over 25+ years and occupies a hard-corner position with access from US-27. The site is associated with a high-growth area and records 21,579 CPD on US 27.

The property is supported by a new 20-year NNN lease with 10% increases every 5 years. The tenant is responsible for maintenance, taxes, and insurance, leaving no landlord responsibilities under the stated lease structure. A corporate guaranty is provided by Florida Gas Partners, LLC, a convenience store owner and operator.

Key Highlights

  • Convenience store location established for over 25+ years
  • Hard‑corner position with access from US‑27
  • 21,579 CPD on US 27

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant HVAC Service Pharmacy Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

21,579 VPD
Traffic count
Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

47
Businesses Nearby
6k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
5,907 visits/mo 0.1 miles

Demographics for 33852, FL

21,635
Population
12,991
Households
1.7
Avg Household Size
55
Median Age
20%
College-Educated
85%
High-School Grad
293.4 sq mi
ZIP Area
74
Density / Sq Mi
$54,841
Median Household Income
$39,658
Median Earnings
$1,063
Median Rent
$205,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Hard-corner retail property with direct access from US-27 and an established operating history.
Where is this grocery and convenience store located?
The property is located at 1072 US-27 Lake Placid, FL.
What are key features of this property?
This property features: Convenience store location established for over 25+ years; Hard‑corner position with access from US‑27; 21,579 CPD on US 27
More about this property
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