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3749 Pat Thomas Parkway3749 Pat Thomas Parkway Listing photo id 0 for 3749 Pat Thomas Parkway Listing photo id 1 for 3749 Pat Thomas Parkway Listing photo id 2 for 3749 Pat Thomas Parkway Listing photo id 3 for 3749 Pat Thomas Parkway Listing photo id 4 for 3749 Pat Thomas Parkway Listing photo id 5 for 3749 Pat Thomas Parkway Listing photo id 6 for 3749 Pat Thomas Parkway Listing photo id 7 for 3749 Pat Thomas Parkway Listing photo id 8 for 3749 Pat Thomas Parkway Listing photo id 9 for 3749 Pat Thomas Parkway Listing photo id 10 for 3749 Pat Thomas Parkway Listing photo id 11 for 3749 Pat Thomas Parkway Listing photo id 12 for 3749 Pat Thomas Parkway Listing photo id 13 for 3749 Pat Thomas Parkway Listing photo id 14 for 3749 Pat Thomas Parkway
  • MLS#: O6331162 ( Commercial Sale )
  • Street Address: 3749 Pat Thomas Parkway
  • Viewed: 17
  • Price: $1,230,000
  • Price sqft: $656
  • Waterfront: No
  • Year Built: 1982
  • Bldg sqft: 1876
  • Days On Market: 50
  • Additional Information
  • Geolocation: 30.5329 / -84.5971
  • County: GADSDEN
  • City: QUINCY
  • Zipcode: 32351
  • Provided by: NONA LEGACY POWERED BY LA ROSA
  • mfrmls
  • DMCA Notice
  • Description
    Exceptional net leased gas station investment | in prime i 10 corridor tenant is a multi unit operator with a strong mobile/citgo brand. High performing local operator: the tenant operates over 40 successful gas station and convenience store locations across florida and georgia. Known for outstanding operational standards, the group has a proven record of revenue growth, compliance, and customer satisfaction. Long term nnn lease: 17 years remaining on a 20 year absolute triple net lease with zero landlord responsibilities. Strong passive income: current net operating income (noi) of $92,400 with $350 fixed annual increases, generating increasing cash flow over time. Fully renovated facility: recent improvements include new fuel pumps, led canopy lighting, modernized convenience store interior. Improvements: new fuel dispensers,upgraded hvac, ada compliant restrooms, pos system, modern interior shelving and refrigeration units, exterior security cameras, and updated landscaping. Productive and profitable operation: high monthly sales volume for both fuel and retail convenience items. Popular with both locals and long distance travelers. National branding: mobil branded fuel station with mobile supply chain support. Professional signage and fuel canopy provide strong curb appeal. High traffic location: located just off i 10 with daily traffic counts exceeding 15,000 vehicles. Prime positioning for both local and interstate service. Future upside: fixed annual rent increases provide a reliable hedge and increasing investor returns over time. Lease type: absolute triple net (nnn) lease term remaining: 17 years annual escalations: $350 fixed annual increase current noi: $92,400 building size: approx. 1876 sq. Ft. Lot size: approx. 1. 00 acre parking: 810 surface spaces year built: 1982 (renovated) zoning: commercial location highlights regional access: located directly off i 10, one of floridas major east west interstates, with seamless ingress/egress from pat thomas parkway. Local market: quincy is the county seat of gadsden county and forms part of the rapidly growing tallahassee metropolitan statistical area. Nearby tenants: cvs, family dollar, pizza hut, fast food chains, hospitality providers, and local retail. Traffic count: estimated 15,000+ vehicles a day; captures both local residents and transient highway traffic. Population growth: the quincy tallahassee corridor continues to attract residential development and logistics traffic. Essential service: the station is a key fuel and retail stop for local commuters, long haul drivers, and travelers on i 10. Strong daily foot traffic.
Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Electric
  1. 200+ Amp Service
Flooring
  1. Ceramic Tile
Garage Spaces
  1. 0.00
Insurance Expense
  1. 0.00
Legal Description
  1. 927P1572OR923P1594
Living Area
  1. 1876.00
Lot Features
  1. Corner Lot
Area Major
  1. 32351 - Quincy
Net Operating Income
  1. 92400.00
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 3-36-2N-4W-0000 00222-0100
Parking Features
  1. Parking Spaces - 6 to 12
Pets Allowed
  1. No
Property Condition
  1. Completed
Property Type
  1. Commercial Sale
Road Frontage Type
  1. Interstate
Roof
  1. Shingle
Sewer
  1. Public Sewer
Tax Year
  1. 2025
Township
  1. 02
Views
  1. 17
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/O6331162
Water Source
  1. Public
Year Built
  1. 1982
Zoning Code
  1. COMMERCIAL