Property 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: 8–10 surface spaces Year Built: 1982 (Renovated) Zoning: Commercial LOCATION HIGHLIGHTS Regional Access: Located directly off I-10, one of Florida’s 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.

Property Details