11515 Us-301 Parrish, FL 34219
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.