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Dade City
Dade City, FL 33523
6.25% Cap Rate Amoco Station! 20-YearNNNLease · Retail Property For Sale

Investment Highlights

  • BRAND NEW 4-PUMP AMOCO STATION WITH SIGNATURE "GO MARKET" C-STORE IN THE HEART OF WESLEY CHAPEL, FL!
  • 20-YEAR PURE NNN LEASE WITH TWO 5-YEAR OPTIONS! 10% RENTAL INCREASES EVERY 5 YEARS THROUGHOUT THE TERM OF THE LEASE!
  • RECENT SITE RENOVATIONS INCLUDE NEW HVAC, NEW ROOF, NEW TANKS, NEW PUMPS, NEW CANOPY, NEW SIGNAGE, NEW PAINT, AND NEWLY RENOVATED INSIDE STORE!
  • ASSUMABLE FINANCING AVAILABLE: $2.6M OF DEBT, 7% FIXED IR, 18-YEARS REMAINING, MONTHLY PAYMENTS OF APPROX: $20,933.07
  • 6.25% CAP RATE IN 2024! 7% CAP RATE IN 2029! 8% CAP RATE IN 2034! 8.2% CAP RATE IN 2039! 9% CAP RATE IN 2044!25
  • 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
2,400 SF
Building Class
B
Year Built
1977
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.92 AC
Zoning
C2 - Commercial General
Parking
10 Spaces (4.17 Spaces per 1,000 SF Leased)
Frontage
206’ on U.S. 301

Amenities

  • 24 Hour Access
  • Banking
  • Corner Lot
  • Dedicated Turn Lane
  • Pylon Sign
  • Restaurant
  • Security System
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Accent Lighting
  • Energy Performance Rating - A
  • Recessed Lighting
  • Monument Signage
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 15-24-21-0000-06700-0030
  • 15-24-21-0000-06700-0020
Land Assessment
$90,084
Improvements Assessment
$70,422
Total Assessment
$160,506
  • Listing ID: 31253192

  • Date on Market: 3/18/2024

  • Last Updated:

  • Address: Dade City, Dade City, FL 33523

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