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4707 County Rd 389 3,440 SF Retail Building Lynn Haven, FL 32444 $1,750,000 ($508.72/SF) 9.14% Cap Rate
Executive Summary
Rare large-format gas station / C-store opportunity featuring nearly 3,500 SF of newer construction on a signalized corner along Highway 389. The property spans 3.6 total acres, includes 16 fuel pumps, and offers a vacant 2-acre development parcel directly behind the store for future expansion, complementary retail, or redevelopment. Existing tenant pays $160,000 NNN through February 2027 with only one year remaining and no intent to renew. Exceptional opportunity for an owner-user, fuel operator, or investor to acquire a high-visibility site at an aggressive basis with immediate upside.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
3,440 SF
Year Built
2007
Price
$1,750,000
Price Per SF
$508.72
Cap Rate
9.14%
NOI
$160,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
3.60 AC
Zoning
UND
Parking
23 Spaces (6.69 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
ExxonMobil traces its roots to Standard Oil in the late nineteenth century and later emerged through the combination of Exxon and Mobil into the modern company. The business operates across fuels, lubricants, chemicals, and low-carbon solutions, with products and services sold under Exxon, Esso, and Mobil brands. ExxonMobil serves retail and commercial customers through gasoline, diesel, motor oil, fleet offerings, wholesale fuels, and rewards programs. The company maintains a broad global market presence and stands as one of the largest integrated fuels, lubricants, and chemical companies in the world.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 11212-041-000 | Improvements Assessment | $907,734 |
| Land Assessment | $673,480 | Total Assessment | $1,581,214 |
Property Taxes
Parcel Number
11212-041-000
Land Assessment
$673,480
Improvements Assessment
$907,734
Total Assessment
$1,581,214
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4707 County Rd 389