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Florida Oil (Amoco) 16135 Us Highway 301

2,408 SF Retail Building Dade City, FL 33523 $4,996,582 CAD ($2,075 CAD/SF) 7.50% Cap Rate

Retail Space Florida Dade City 16135 Us Highway 301, Dade City, FL 33523

Investment Highlights

  • 20-Year Absolute Net Lease Sale-Leaseback with 10 Percent Rental Escalations Every Five Years | Chevron Gas Station/C-Store
  • Recent Renovations with New HVAC, Roof, and Fully Renovated Interior
  • Strategetically Located 40 Miles Northeast of Tampa and 60 Miles West of Orlando
  • Strong Personal Guaranty
  • Two Parcels Totaling 2.11 Acres on U.S. Route 301, Where Traffic Counts Exceed 22,500 VPD

Executive Summary

Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease Amoco in Dade City, FL. The property consists of a 2,400-square-foot, freestanding building that sits on approximately 2.11 acres of land. There are 20 years remaining on the lease with 10% rental increases every 5 years.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
2,408 SF
Building Class
B
Year Built
1977
Price
$4,996,582 CAD
Price Per SF
$2,075 CAD
Cap Rate
7.50%
NOI
$374,744 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Land Acres
2.11 AC
Zoning
C2 - C2
Parking
10 Spaces (4.17 Spaces per 1,000 SF Leased)
Frontage
206 ft 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

Links

1 of 1

PROPERTY TAXES

Parcel Number 15-24-21-0000-06700-0020 Improvements Assessment $116,634 CAD
Land Assessment $104,823 CAD Total Assessment $221,457 CAD

PROPERTY TAXES

Parcel Number
15-24-21-0000-06700-0020
Land Assessment
$104,823 CAD
Improvements Assessment
$116,634 CAD
Total Assessment
$221,457 CAD
(972) 755-5205

  • Listing ID: 33449137

  • Date on Market: 2024-10-08

  • Last Updated:

  • Address: 16135 Us Highway 301, Dade City, FL 33523

The Retail Property at 16135 Us Highway 301, Dade City, FL 33523 is currently available For Sale. Contact Knipp Wolf Net Lease Group | Marcus & Millichap for more information.

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Florida Oil (Amoco) | 16135 Us Highway 301
(972) 755-5205 x

Florida Oil (Amoco) | 16135 Us Highway 301

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Vincent Knipp

(972) 755-5205

(972) 755-5205

Jake Stammen

(972) 755-5209

(972) 755-5209

Salim Bhaidani

(817) 932-6136

(817) 932-6136

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