Triple-Net Convenience Retail
For Sale
Contact for pricing
1530 NW Ave L, Belle Glade, FL 33430
Triple-net investment with a long 13-year remaining lease and 2% annual rent increases, tenant pays taxes, maintenance, and insurance.
Property SizeContact for details
Days on Market123
Property Features for 1530 NW Ave L
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Cap Rate
6.12%
Building Details
Tenancy
Single
Listing Agency:
Elite International Realty
Listed By:
Isabel Salcedo · License #FL 0708561
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 20 at 5:03PM
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 Elite International Realty
Investment Insights
Based on property information with market context.
This triple-net leased convenience retail property is offered for sale with zero landlord responsibilities. The tenant is responsible for property taxes, maintenance, and insurance, supporting a hands-off ownership structure. The lease features 13 years remaining and includes a 2% yearly rental increase.
The current tenant is GPM Investments LLC, a major convenience store operator. The company operates over 14,000 stores and, as described in the remarks, owns 18 Townstars and 10 Subway locations within its portfolio, including the subject property.
For investors seeking a stabilized NNN model, the offering is presented with a 6.12% cap rate in the public remarks and a long remaining term under the existing lease structure.
The current tenant is GPM Investments LLC, a major convenience store operator. The company operates over 14,000 stores and, as described in the remarks, owns 18 Townstars and 10 Subway locations within its portfolio, including the subject property.
For investors seeking a stabilized NNN model, the offering is presented with a 6.12% cap rate in the public remarks and a long remaining term under the existing lease structure.
Key Highlights
- Triple‑net (NNN) lease structure: tenant pays property taxes, maintenance, and insurance
- 6.12% CAP rate per provided remarks
- Remaining lease term of 13 years
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
259
Businesses Nearby
13k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Family Dollar
Shops & Services
10,497 visits/mo
0.4 miles
Mobil
Shops & Services
2,126 visits/mo
0.4 miles
U-Haul
Shops & Services
794 visits/mo
0.1 miles
Demographics for 33430, FL
20,327
Population
7,158
Households
2.8
Avg Household Size
35
Median Age
13%
College-Educated
71%
High-School Grad
239.8 sq mi
ZIP Area
85
Density / Sq Mi
$48,690
Median Household Income
$31,117
Median Earnings
$860
Median Rent
$142,200
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?
NNN property - Triple-net investment with a long 13-year remaining lease and 2% annual rent increases, tenant pays taxes, maintenance, and insurance.
Where is this nnn property located?
The property is located at 1530 NW Ave L Belle Glade, FL.
What are key features of this property?
This property features: Triple‑net (NNN) lease structure: tenant pays property taxes, maintenance, and insurance; 6.12% CAP rate per provided remarks; Remaining lease term of 13 years
