- For Sale $2,100,000
- Property Type Retail
- Property Size 1,250 SF
- Units 1
- Lot Size 0.46 Acre
- Parking Spaces Avail. 10
- Property Tenancy Single Tenant
- Year Built 1969
- Year Renovated 2024
- Date Updated May 22, 2026
Description
LOCATED IN THE HEART OF DOWNTOWN DADE CITY, FL!
Highlights
- 11% CAP RATE IN 2040!
- 2% RENTAL INCREASES EVERY YEAR, THROUGHOUT THE TERM OF THE LEASE.
- 20% CAP RATE ON AVERAGE THROUGHOUT THE 20-YEAR TERM (INCLUDING LEASE OPTIONS!) 7.3% CAP RATE IN 2025!
- 4-PUMP MARATHON GAS STATION IN DADE CITY, FL!
- 8% CAP RATE IN 2030!
- 9% CAP RATE IN 2035!
- LOCATED LESS THAN A HALF MILE OFF OF I-4! 20-YEAR PURE NNN LEASE WITH TWO 5-YEAR OPTIONS!
- RECENT SITE RENOVATIONS INCLUDE NEW HVAC, ROOF, PUMPS, CANOPY, SIGNAGE, PAINT, AND THE NEWLY RENOVATED "GO MARKET" INSIDE STORE WITH MANY INTERIOR UPDATES! STRONG TENANT IN PLACE WITH OVER 36 YEARS OF GAS STATION OPERATION EXPERIENCE AND EXTREMELY STRONG FINANCIALS!
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Contacts
David Rosenthal
Grimaldi Commercial Realty
Location
Located at 13851 7th Street , Dade City, FL 33525, this property is part of the Dade City neighborhood and Tampa St Petersburg Clearwater market.
Contact Listing Broker
David Rosenthal
Grimaldi Commercial Realty
