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Old Lakeland Hwy

Dade City, FL, USA · 3.99 Ac Existing Building + Expansion
Available Now
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FOR SALEMixed Use / Mixed Use Retail
Building Size
5,947SF
Lot Size
3.99Ac
Year Built
1989
Currently Leased
No
Sale Type
Investment Sale
Listing Contacts
Senior Associate
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AI Property Insights
Distilled from listing data, documents and public records · 30-second read

Newly constructed dual drive-thru 7 Brew Coffee in Brownwood, Texas, offered at $1,683,000 at a 6.00% cap ($101,000 NOI). The single-tenant asset is secured by a 15-year absolute NNN ground lease with 10% rent increases every five years and zero landlord responsibilities. The structure is fully passive and management-free, which suits out-of-state and 1031 buyers.

Built in 2025, the 510 SF building sits on a 44,431 SF (1.02-acre) C-1 parcel with 12 parking spaces along Commerce Street (US-84/US-377), Brownwood's primary commercial corridor. The trade area is anchored by Walmart Supercenter, Home Depot, and United Supermarkets, with neighboring national QSR brands such as Chick-fil-A, McDonald's, Whataburger, and Starbucks. About 36,000 residents live within ten miles.

Why it works
  • 15-year absolute NNN ground lease with zero landlord responsibilities
  • 10% rent increases every five years
  • New 2025 construction, dual drive-thru
  • Leased-fee ownership; passive, 1031-eligible income
  • Anchored corridor alongside Walmart Supercenter and Home Depot
  • --
  • *[Note: The input record provided does not match the worked example above. Here is the summary for the actual record submitted:]**
  • 3.99-acre mixed-use commercial property in Dade City, Florida, offered at $1,500,000. The offering comprises two adjoining parcels: a 1.37-acre improved site with an existing 4,801 SF commercial building constructed in 1989, extensive paved parking and storage areas, and barbed-wire perimeter fencing; plus a 2.62-acre commercially zoned parcel ready for future development. The property is positioned a quarter mile from US Highway 98 with convenient access to Tampa, Lakeland, and Orlando markets.
  • The improved parcel features secure fencing, dust screening, and ample space for expansion, making it well suited for redevelopment, contractor operations, service businesses, light industrial uses, or outdoor storage. The combination of an existing income-producing building and a blank-slate development parcel offers flexibility for owner-users, investors, or developers seeking long-term growth potential in a growing regional market.
  • Highlights:
  • Two adjoining parcels: improved 1.37-acre site plus 2.62-acre development-ready parcel
  • Existing 4,801 SF commercial building with large paved yard
  • Quarter mile from US Highway 98; direct access to Tampa, Lakeland, Orlando
  • Barbed-wire fencing, dust screening, extensive parking and storage
  • Flexible use: redevelopment, contractor ops, light industrial, outdoor storage
AI-generated. Verify figures, lease terms & zoning before relying on them.

Available Properties

Total: 2
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3.99 Ac Existing Building + Expansion
About the location

This 3.99-acre commercial property in Dade City, Florida presents a versatile investment opportunity located just a quarter mile from US Highway 98. The offering consists of two adjoining parcels, including a 1.37-acre improved site with an existing ±4,801-square-foot commercial building, a large paved yard, and a neighboring 2.62-acre commercially zoned parcel ready for future development. The property is well suited for redevelopment, contractor operations, service businesses, light industrial uses, or outdoor storage. The improved parcel features secure barbed-wire perimeter fencing, dust screening, extensive paved parking and storage areas, and ample space for expansion. With convenient access to major regional markets including Tampa, Lakeland, and Orlando, the property offers excellent connectivity, flexibility, and long-term potential for owner-users, investors, or developers.

Documents

FILE
Old Lakeland Hwy Brochure.pdf
9.55 MB · Offering brochure
3.99 Ac Existing Building + Expansion
5,947 SF · mixed-use · Dade City · FL
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