11515 US-301 - Convenience Store FOR SALE


Parrish, FL 34219
$11,784,000 USD
11515 US-301, Parrish, FL for Sale
$11,784,000 USD
Convenience Store - FOR SALE
1/6
null | 6% Cap Rate

11515 US-301
Parrish, FL 34219


HIGHLIGHTS

  • Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
  • S&P BBB+ Investment Credit Rated & Moody’s Baa1 Rated Tenant owns & operates the largest refinery in the United States!
  • Currently qualifies for Bonus Depreciation allowing Landlord to accelerate 60% of the building, cost of canopies, fuel tanks/pumps, equipment, etc.
  • This fee simple (land & building) ownership asset is currently under construction on a large ±2.0-acre lot including 12 fuel pumps
  • Excellent visibility/access on US-301 with traffic counts of 24,330 CPD!
  • 2023 DEMOGRAPHICS: Total Population (5-MI): 72,191 | Average Household Income (1-MI): $122,588

OVERVIEW

(Building & Land) Fee Simple In Association with Designated Broker: Brian Brockman – Broker License #: BK3327646 Bang Realty, Inc bor@bangrealty.com 513-898-1551

FOR SALE DETAILS

PRICE

$11,784,000 USD

PRICE/SF

$930 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DAYBREAK MARKET (BBB+ CREDIT) – PARRISH, FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Bank, Fast Food, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

C

APN/PARCEL ID

4715-0070-9

ASK ABOUT THIS PROPERTY

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