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Retail - for Sale

3749 PAT THOMAS, QUINCY, FL 32351

Asking Price$1,230,000 Change Price$90,000

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  • Days on market:

    37 day(s)
  • Original Price:

    $1,320,000
  • Price per sqft:

    $655.65
  • Tax Legal Description:

    927P1572OR923P1594
  • Tax Year:

    2025
  • Property Type:

    Retail
  • Parking:

    6 to 12 Spaces
  • Construction Type:

    BrickBlock
  • Roof:

    Shingle
  • Cooling Description:

    Central Air
  • Floor Description:

    Ceramic Tile
  • Special Listing Conditions:

    None
  • Lot Features:

    Corner Lot

Description

$1,230,000 • living size area 1876 sqft

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.
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