Mobil Gas Station - Net Lease Property for Sale
Quincy, FL
Key Investment Metrics
Price
$1,188,888
Cap Rate
7.8%
Net Operating Income
$92,400
Building Size
3780 SF
Lot Size
3,780 SF
Land Area
1 Acres
Remaining Term
16.8 years
Lease Expiration
11/01/2042
Lease Term
20.1 years
Lease Commencement
10/06/2022
Lease Type
NNN
Tenant Credit
Credit Rated
Year Built
1982
Occupancy
100%
Tenancy
Single
Rent Increases
$350
About This Mobil Gas Station Net Lease Property
This Mobil Gas Station NNN (triple net lease) property is located in Quincy, FL and represents an excellent investment opportunity for commercial real estate investors. The property features 3780 square feet of building space and was built in 1982.
With a cap rate of 7.8%, this Mobil Gas Station net lease property offers stable income potential. The asking price is $1,188,888, making it an attractive option for 1031 exchange investors seeking quality Mobil Gas Station commercial properties.
Why Invest in Mobil Gas Station NNN Properties?
- Stable Income: Mobil Gas Station net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Mobil Gas Station is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Quincy, FL Market Overview
Located in Quincy, FL, this Mobil Gas Station property benefits from strong local demographics and market fundamentals. The Quincy area offers excellent visibility and accessibility, making it an ideal location for Mobil Gas Station operations and a solid investment for net lease property buyers.