A gas station near the busy intersection of North Dale Mabry Highway and Van Dyke Road was sold last month, saving it from foreclosure.
AJA Properties of Clearwater LLC bought the Shell gas station located at 17803 N. Dale Mabry Highway on Dec. 23 for $1.5 million, according to Hillsborough County property records. The station was built in 1999, and is a little more than 3,000 square feet, including a car wash.
The station was previously owned by Jennifer & Mary Kaye Inc., which had purchased the location in 2002 for $2.2 million. Mills 2011 LLC, which held the mortgage on the property, began foreclosure proceedings last September, according to records.
The sale was secured after Risser Oil, a Clearwater gasoline distributor, released its rights of first refusal to buy the gas station.
The new owner is associated with Adams Tank & Lift, a construction and installation company in Clearwater. The two companies — Adams Tank and AJA Properties —share the same principal, Andrew J. Adams, as well as its primary address, according to state corporation records.
