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13045 Spring Hill Dr
Spring Hill, FL 34609
Mobil Gas Station and Strip Center · Retail Property For Sale
Investment Highlights
- 17.5 Years Remaining on an Absolute Triple Net (NNN) Lease, Offering No Landlord Responsibilities
- Blended CAP Rate of 10.04% Over the Remainder of the Primary Lease Term
- 5-Mile Radius Population Exceeding 100,000 With an Average Household Income of $85,171, Creating a Robust Customer Base
- Located on the Corner of Two Main Streets (Linden and Spring Drive) With a Combined Traffic Count of 41,718
- Offers 12 Fueling Stations With Features Such as Pay-at-the- Pump Services, an ATM, and a Convenience Store
- Annual Rent Escalation of 3.25% Provides Built-In Income Growth, Protects Against Inflation, and Enhances Both Yield and Long-Term Property Value
Property Facts
Property Type
Retail
Property Subtype
Building Size
9,335 SF
Building Class
C
Year Built
2006
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
2.03 AC
Zoning
Commercial - Commercial
Parking
33 Spaces (3.53 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | R32-323-17-5130-0859-0120 | Improvements Assessment | $784,667 |
| Land Assessment | $730,637 | Total Assessment | $3,177,366 |
Property Taxes
Parcel Number
R32-323-17-5130-0859-0120
Land Assessment
$730,637
Improvements Assessment
$784,667
Total Assessment
$3,177,366
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