• Type
  • Retail, Commercial Sale
  • 1876 Sqft
  • Area Size
  • 1 Acres
  • Land Area
  • 1982
  • Year Built

3749 PAT THOMAS PARKWAY, Quincy, FL 32351

  • $1,188,888.00
  • $1,230,000.00
  • Address: 3749 PAT THOMAS PARKWAY
  • City: Quincy
  • State/county: FL
  • Zip/Postal Code: 32351

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.

Details

  • Property ID O6331162
  • Price $1,188,888.00
  • Property Size 1876 sqft
  • Land Area 1 sqft
  • Garage Size x x
  • Year Built 1982
  • Type Retail, Commercial Sale
  • Property Status Active, For Sale

Additional details

  • Listing Terms Cash
  • Roof Shingle
  • Sewer Public Sewer
  • Cooling Central Air
  • Flooring Ceramic Tile
  • County Suwannee
  • Property Type Commercial Sale
  • Parking Parking Spaces - 6 to 12
  • Community Features Expressway

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All information contained herein is deemed accurate but is to be verified by the purchaser. Buyer's Agent is responsible for their due diligence, including but not limited to verifying community information and rules, square feet, room dimensions and taxes, lot size, utility data, and school assignments. Room sizes and square footage are approximate and should be independently verified by the buyer/buyer's agent.

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