Single-Tenant Speedway Gas
For Sale
Contact for pricing
Pending
47407 Commercial Way, Spring Hill, FL 34606
Fee-simple Speedway on a hard corner with an absolute net lease and Speedway corporate guarantee.
Property SizeContact for details
Days on Market116
Property Features for 47407 Commercial Way
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Traffic Count
46,000 vehicles/day
Building Details
Tenancy
Single
Listing Agency:
CrownPoint Partners
Listed By:
Shannon Bona · License #BK3629909
Source:
Crexi
Added: Apr 12
Changed: Jul 21
Last Checked: Aug 4 at 11:18AM
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 CrownPoint Partners
Investment Insights
Based on property information with market context.
Graystone Capital Advisors presents for sale the fee-simple interest in a single-tenant Speedway gas station located at the hard corner of Breakwater Boulevard and Commercial Way in Spring Hill, Florida.
The property is offered under an absolute net lease with more than 12 years remaining and zero landlord responsibilities. The current lease term includes an early extension executed by the tenant, bringing the lease expiration to August 31, 2036, with 10% increases every 5 years. The lease also includes a corporate guarantee from Speedway, which is owned by 7-Eleven.
The tenant has operated at the location since 1996. The site is positioned on a heavily traveled retail corridor, with over 46,000 vehicles passing the site daily on Commercial Way alone. Adjacent properties include Lakewood Plaza anchored by Publix and Target, and Home Depot is adjacent to the northeast.
The property is offered under an absolute net lease with more than 12 years remaining and zero landlord responsibilities. The current lease term includes an early extension executed by the tenant, bringing the lease expiration to August 31, 2036, with 10% increases every 5 years. The lease also includes a corporate guarantee from Speedway, which is owned by 7-Eleven.
The tenant has operated at the location since 1996. The site is positioned on a heavily traveled retail corridor, with over 46,000 vehicles passing the site daily on Commercial Way alone. Adjacent properties include Lakewood Plaza anchored by Publix and Target, and Home Depot is adjacent to the northeast.
Key Highlights
- Fee‑simple interest in a single‑tenant Speedway in Spring Hill, FL.
- Absolute Net lease structure with zero landlord responsibilities and over 12 years remaining.
- Lease currently extends through August 31, 2036, after a 10‑year early extension; original lease up in 2026.
Property Analytics
Current Use
Lease Details
46,000 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
613
Businesses Nearby
337k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 32%
Dining 26%
Superstores 19%
Shops & Services 15%
Target
Superstores
64,939 visits/mo
0.4 miles
The Home Depot
Home Improvements & Furnishings
63,017 visits/mo
0.2 miles
Lowe's
Home Improvements & Furnishings
43,063 visits/mo
0.2 miles
Wendy's
Dining
23,019 visits/mo
0.1 miles
Goodwill
Apparel
17,199 visits/mo
0.1 miles
Demographics for 34606, FL
28,548
Population
14,009
Households
2
Avg Household Size
53
Median Age
20%
College-Educated
89%
High-School Grad
11.6 sq mi
ZIP Area
2,461
Density / Sq Mi
$54,730
Median Household Income
$33,778
Median Earnings
$1,192
Median Rent
$227,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - Fee-simple Speedway on a hard corner with an absolute net lease and Speedway corporate guarantee.
Where is this gas station located?
The property is located at 47407 Commercial Way Spring Hill, FL.
What are key features of this property?
This property features: Fee‑simple interest in a single‑tenant Speedway in Spring Hill, FL.; Absolute Net lease structure with zero landlord responsibilities and over 12 years remaining.; Lease currently extends through August 31, 2036, after a 10‑year early extension; original lease up in 2026.
