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Auto Service - Gas-Conv

Florida Oil (Amoco)

16135 US-301, Dade City, FL 33523

Listing Price: $3,525,000

Cap Rate
7.50%
Tenant Name
Amoco
Gross SF
2,400
Guarantor
Personal Guarantee
Rentable SF
2,400
Price/Gross SF
$1,468.75
Lease Type
Absolute Net
Rent Per Square Feet
$110.16

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
  • 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

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Auto Service - Gas-Conv

Florida Oil (Amoco)

Listing Price: $3,525,000

Cap Rate
7.50%
Tenant Name
Amoco
Gross SF
2,400
Guarantor
Personal Guarantee
Rentable SF
2,400
Price/Gross SF
$1,468.75
Lease Type
Absolute Net
Rent Per Square Feet
$110.16

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
  • 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.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

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