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3749 PAT THOMAS PARKWAY, QUINCY, FL 32351
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$1,320,000
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Home Details for 3749 PAT THOMAS PARKWAY
Price
$1,320,000
Type
Commercial/Industrial
Year Build
1982
Sq. Ft.
1876
Lot Size
1
County
Suwannee
Tax
$9,275
MLS®️ Listing#
O6331162
On exitrealty.com
178 days
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.
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Listing Courtesy: NONA LEGACY POWERED BY LA ROSA - 407-270-6841
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.
Last Updated: 2025-07-29 08:06:51
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