11515 Us-301Parrish, FL 34219

Property Details for 11515 Us-301

Year built

2024

Lot size

2.00 AC

Property size (Sq ft)

12,672 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional investment opportunity presents a brand-new, 12,672 square foot retail property in Parrish, Florida. Located on a 2-acre lot with excellent visibility on US-301 (24,330 cars per day), the property features a Daybreak Market, a bank, convenience store, and gas station with 12 fuel pumps (24 fueling stations). The property boasts a 20-year absolute NNN lease with a creditworthy tenant (S&P BBB+, Moody's Baa1) that owns and operates the largest refinery in the United States. The lease includes 7% rent bumps every five years and four five-year renewal options, extending the lease to 2044. The property's strong location benefits from a 5-mile population of 72,191 and a 1-mile average household income of $122,588. Built in 2024, this single-story building offers a 6.00% cap rate and a substantial NOI of $707,038. The asking price is $11,784,000. The property is zoned C and qualifies for bonus depreciation, allowing for accelerated depreciation of 60% of building and improvements in the first year (buyer to verify). This fee-simple ownership (land and building) presents a compelling investment opportunity with significant long-term potential.

Location Insight

City

Parrish

County

Manatee

State

Florida

Latitude

27.5608

Longitude

-82.4418

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].