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9495 Waukeenah Hwy
Lamont, FL 32336
(6.3% CAP RATE) NEW BP/AMOCO GAS STATION! · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • BRAND NEW BP/AMOCO STATION WITH AMOCO TO GO C-STORE IN TALLAHASSEE, FLORIDA!
  • 20-YEAR PURE NNN LEASE WITH TWO 5-YEAR OPTIONS! 10% RENTAL INCREASE EVERY FIVE YEARS, THROUGHOUT THE TERM OF THE LEASE!
  • RECENT RENOVATION INCLUDES BUT IS NOT LIMITED TO: NEW HVAC, NEW ROOF, NEW FLOORING, NEW PUMPS, NEW TANKS, NEW CANOPY, AND NEW SIGNAGE!
  • 8-PUMP SERVICE STATION AT A SIGNALIZED INTERSECTION WITH LEFT TURN LANE! NO OTHER SERVICE STATION WITHIN A 5-MILE RADIUS!
  • 6.3% CAP RATE IN 2022! 7% CAP RATE IN 2026! 8% CAP RATE IN 2031! 8.3% CAP RATE IN 2036! 9.2% CAP RATE IN 2041!
  • STRONG TENANT IN PLACE, WITH OVER 35 YEARS OF GAS STATION OPERATION EXPERIENCE AND EXTREMELY STRONG FINANCIALS!

PROPERTY FACTS

Property Type
Retail
Property Subtype
Service Station
Building Size
5,583 SF
Building Class
B
Year Built/Renovated
1990/2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
3.39 AC
Zoning
CG
Parking
17 Spaces (3.04 Spaces per 1,000 SF Leased)
Frontage
511’ on Waukeenah Hwy

AMENITIES

  • 24 Hour Access
  • Atrium
  • Banking
  • Bus Line
  • Corner Lot
  • Freeway Visibility
  • Pylon Sign
  • Security System
  • Signage
  • Signalized Intersection
  • Skylights
  • Tenant Controlled HVAC
  • Accent Lighting
  • Car Charging Station
  • Recessed Lighting
  • Monument Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-1S-4E-0000-0620-0000
Land Assessment
$170,537
Improvements Assessment
$396,330
Total Assessment
$566,867
  • Listing ID: 26535260

  • Date on Market: 9/1/2022

  • Last Updated:

  • Address: 9495 Waukeenah Hwy, Lamont, FL 32336

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