Dollar General

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30773799
Property Subtypes: Free-Standing Building
Status: Pending
Building Size (RSF): 9,026 SF
Gross Building Area: See Agent
Gross Land Area: 1.87 Acres
Sale Price: $2,275,000
Unit Price: $252.05 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/6/2021

Overview / Comments

Ian Black Real Estate is pleased to present the opportunity to purchase an Absolute Net Leased Dollar General in growing Davenport Florida. There are 8 years remaining in the initial 15 year term with three, 5-year option periods. The property is a true Absolute Net with zero Landlord responsibilities. Ten percent rent escalations in each of the renewal periods.

For full confidentiality agreement, please visit our website: https://buildout.com/docs/documents/2218710?token=97c76236f3fcf43e0d8ca64d7564e49bf1193a2d

Additional Details

Nearest MSA: Lakeland-Winter Haven
County: Polk
Tax ID/APN: 272703717500027020
Zoning: DBD - DOWNTOWN BUSINESS DISTRICT
Property Visibility: Excellent
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2014
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,205 17,058 42,610
Median Age: 42.13 41.29 39.07
Households: 410 6,187 15,079

Contact

Photograph of Listing Agent

Melissa Dawn Harris

IAN BLACK REAL ESTATE LLC MFCRE Member
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