Auto Service - Gas-Conv
Florida Oil (Amoco)
16135 US-301, Dade City, FL 33523
Listing Price: $3,900,000
Investment Overview
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 percent rental increases every five years.
Investment Highlights
- 20-Year Absolute Net Lease Sale-Leaseback with 10 Percent Rental Escalations Every Five Years | Chevron Gas Station/C-Store
- Strong Personal Guaranty - 91 Store Operator With More Than 35 Years of Gas Station/C-Store Experience (Financials Available Upon Request)
- Seller Reports Recent Renovations with New HVAC, Roof, and Fully Renovated Interior
- Two Parcels Totaling 2.11 Acres on U.S. Route 301, Where Traffic Counts Exceed 22,500 VPD
- Strategetically Located 40 Miles Northeast of Tampa and 60 Miles West of Orlando
Exclusively Listed By
Broker of Record
Listing Price: $3,900,000
Investment Highlights
- 20-Year Absolute Net Lease Sale-Leaseback with 10 Percent Rental Escalations Every Five Years | Chevron Gas Station/C-Store
- Strong Personal Guaranty - 91 Store Operator With More Than 35 Years of Gas Station/C-Store Experience (Financials Available Upon Request)
- Seller Reports Recent Renovations with New HVAC, Roof, and Fully Renovated Interior
- Two Parcels Totaling 2.11 Acres on U.S. Route 301, Where Traffic Counts Exceed 22,500 VPD
- Strategetically Located 40 Miles Northeast of Tampa and 60 Miles West of Orlando
Investment Overview
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 percent rental increases every five years.