This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

DAYBREAK MARKET (BBB+ CREDIT) – PARRISH, FL 11515 US-301

12,672 SF Retail Building Parrish, FL 34219 £9,297,576 (£734/SF) 6% Net Initial Yield

Investment Highlights

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

Executive Summary

(Building & Land) Fee Simple

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
12,672 SF
Year Built
2024
Price
£9,297,576
Price Per SF
£734
Net Initial Yield
6%
NOI
£557,853
Tenancy
Single
Number of Floors
1
Building FAR
0.15
Land Acres
2.00 AC
Zoning
C

Amenities

  • Signage
  • Air Conditioning

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Daybreak Market
  • Accommodation and Food Services
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Daybreak Market Accommodation and Food Services - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4715-0070-9
Land Assessment
£1,149,561
Improvements Assessment
£0
Total Assessment
£1,149,561
  • Listing ID: 32392499

  • Date on Market: 09/07/2024

  • Last Updated:

  • Address: 11515 US-301, Parrish, FL 34219

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}