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3749 PAT THOMAS PARKWAY

Commercial For Sale
$1,188,888

BTC: 39.62960000

ETH: 594.44400000

-$131K (2025/09/23)
128 days
0 room(s)
1,876 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Facts and features

Type:
Commercial Sale
Parking:
6 to 12 Spaces
Year Built:
1982
Lot:
1.00 Acres
Heating:
No Data
Price/sqft:
$634
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Ceramic Tile

    Cooling

    • Central Air

  • Parking

    • 6 to 12 Spaces

    Lot

    • Lot: 1.00 Acres

    Other Property Information

    • Parcel Number: 3362N4W0000 002220100

    • Zoning: COMMERCIAL

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Other financial information

    • Annual tax amount: $9,275

  • Source details

    • MLS ID: O6331162

    Other facts

    • Construction Materials: Block / Brick

    • Foundation Details: Slab

    • Lot Features: Corner Lot

    • Window Features: Double Pane Windows

    • Direction Faces: South

    • Living Area: 1876

    • Water Source: Public

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: NONA LEGACY POWERED BY LA ROSA