Listed by Twin Rivers Capital
$2,746,154
Family Dollar Tree in Carrabelle, FL
Details
APN 20-07S-04W-4190-0002-0010
Property Type Retail
Sub Type Storefront
Square Footage 10,500
Net Rentable (SqFt) 10,500
Cap Rate 6.5%
NOI $178,500
Occupancy 100%
Tenancy Single
Brand/Tenant Family Dollar
Lease Type NN
Rent Bumps Yes
Price per SqFt $262
Year Built 2023
Buildings 1
Stories 1
Acreage 2.080
Zoning Commercial
Parking Spaces 42 spaces
Parking Per SqFt 4.00
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No
Retail | 6.50% CAP | 10,500 SqFt
Marketing description
10+ year lease. Investment grade, recession-proof, e-commerce resistant tenant. VPD on US Hwy 98 is 5,900± VPD.
Investment highlights
10+ year lease. Investment grade, recession-proof, e-commerce resistant tenant. VPD on US Hwy 98 is 5,900± VPD.
Listing Contacts
Listed by Twin Rivers Capital
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$178,500.00
$14,875.00/mo
Valuation Metrics
0
DSCR
6.5%
Cap Rate
6.5%
ROI
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