3749 Pat Thomas Parkway, Quincy, FL 32351
- MLS#: O6331162 ( CommercialSale )
- Street Address: 3749 Pat Thomas Parkway
- Viewed: 2
- Price: $1,230,000
- Price sqft: $656
- Waterfront: No
- Year Built: 1982
- Bldg sqft: 1876
- Days On Market: 8
- Additional Information
- Geolocation: 30.5329 / -84.5971
- County: GADSDEN
- City: Quincy
- Zipcode: 32351
- Provided by: NONA LEGACY POWERED BY LA ROSA
- DMCA Notice
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DescriptionExceptional net leased gas station investment | in prime i 10 corridor tenant is a multi unit operator with a strong mobile/citgo brand. High performing local operator: the tenant operates over 40 successful gas station and convenience store locations across florida and georgia. Known for outstanding operational standards, the group has a proven record of revenue growth, compliance, and customer satisfaction. Long term nnn lease: 17 years remaining on a 20 year absolute triple net lease with zero landlord responsibilities. Strong passive income: current net operating income (noi) of $92,400 with $350 fixed annual increases, generating increasing cash flow over time. Fully renovated facility: recent improvements include new fuel pumps, led canopy lighting, modernized convenience store interior. Improvements: new fuel dispensers,upgraded hvac, ada compliant restrooms, pos system, modern interior shelving and refrigeration units, exterior security cameras, and updated landscaping. Productive and profitable operation: high monthly sales volume for both fuel and retail convenience items. Popular with both locals and long distance travelers. National branding: mobil branded fuel station with mobile supply chain support. Professional signage and fuel canopy provide strong curb appeal. High traffic location: located just off i 10 with daily traffic counts exceeding 15,000 vehicles. Prime positioning for both local and interstate service. Future upside: fixed annual rent increases provide a reliable hedge and increasing investor returns over time. Lease type: absolute triple net (nnn) lease term remaining: 17 years annual escalations: $350 fixed annual increase current noi: $92,400 building size: approx. 1876 sq. Ft. Lot size: approx. 1. 00 acre parking: 810 surface spaces year built: 1982 (renovated) zoning: commercial location highlights regional access: located directly off i 10, one of floridas major east west interstates, with seamless ingress/egress from pat thomas parkway. Local market: quincy is the county seat of gadsden county and forms part of the rapidly growing tallahassee metropolitan statistical area. Nearby tenants: cvs, family dollar, pizza hut, fast food chains, hospitality providers, and local retail. Traffic count: estimated 15,000+ vehicles a day; captures both local residents and transient highway traffic. Population growth: the quincy tallahassee corridor continues to attract residential development and logistics traffic. Essential service: the station is a key fuel and retail stop for local commuters, long haul drivers, and travelers on i 10. Strong daily foot traffic.
Property Location and Similar Properties
Features
Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Storage
- Flooring: CeramicTile
- Living Area: 1876.00
- Roof: Shingle
Property Information
- Property Condition: NewConstruction
Land Information
- Lot Features: CornerLot
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
- Parking Features: ParkingSpaces
Eco-Communities
- Water Source: Public
Utilities
- Carport Spaces: 0.00
- Cooling: CentralAir
- Electric: Amps200OrMore
- Pets Allowed: No
- Road Frontage Type: Interstate
- Sewer: PublicSewer
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 92400.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Tax Year: 2025
- Trash Expense: 0.00
Other Features
- Country: US
- Legal Description: 927P1572OR923P1594
- Area Major: 32351 - Quincy
- Parcel Number: 3-36-2N-4W-0000 00222-0100
- The Range: 0.00
- Zoning Code: COMMERCIAL
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