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2340 8TH ST Winter Haven FL 33881

[Locked] • APN 262817000000023060

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Details
Property Type Retail
Sub Type Convenience Store, Shopping Center (+1)
Building SqFt 9,100
Lot SqFt 46,747
Acreage ******
Number of Units 1
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code C-3
Year Built 2008
Building Count 2
Opportunity Zone No
Lease Rate ******
Lease Type ******
Lease Term ******

Property History

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Property Type
Property Type
Retail
Property Subtype
Convenience Store, Shopping Center, Storefront
Marketing Description

SRS Capital Markets is pleased to exclusively list for sale the Dollar General in Winter Haven, Florida.

The subject property is 9,100 sq. ft. build to suit on over an acre of land in the heart of Winter Haven, Florida.

Dollar General has been at this location for over 20 years, and recently extended their lease and increased their rents by 10% demonstrating their commitment to the site. There are just under 4 years remaining on the double net lease with an additional (3) options to renew the lease.

The landlord is responsible for major repairs above $1,000, roof, structure, parking lot, and HVAC units. The owner recently repaved and restriped the entire parking lot in 2024. The tenant is responsible for all minor repairs below $1,000, HVAC maintenance, real estate taxes, insurance, and contributes an additional $380/ month toward “CAM”.

Winter Haven, Florida has been ranked Top 3 Fastest Growing Cities in the country (Quicken Loans), and has a projected population growth of over 20% in the next 5 years. There are more than 105,000 residents and 71,000 employees support the trade area within 5 miles, and there is an average of 30,000 vehicles passing the site each day. The subject property is adjacent to a major Home Depot big box store, an O’Reilly, and near other major national tenants. This is an irreplaceable location for Dollar General in this supply constricted market, where many national tenants compete for locations like this one. This DG is paying below market rents at $14 sq. ft. vs. $19 sq. ft.

Investment Highlights
  • Recent 5 Year Extension| Corporate Guaranteed | Established Brand

  • NN Leased | Fee Simple Ownership | Limited Landlord Responsibilities

  • Situated Along 8th St NW (33,000 VPD) | Dense Retail Corridor | Ideally Next to Home Depot Anchored Center

  • Local Demographics in 5-mile Trade Area | Direct Consumer Base | Winter Haven

Sale Date
******
Sold Price
******
Buyer Borrower 1 Corp Indicator
******
Buyer Borrower 1 Name
******
Buyer Borrower 1 Relationship Type
******
Document Number
******
Document Type
******
Recording Book
******
Recording Page
******
Resale Flag
******
Sales Price Code
******
Seller 1 Corp Indicator
******
Transaction Type
******
Seller 1 Name
******
Transfer Tax
******
Sold By
******
Sold To
******

Loan History

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Financial History

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****** Data
Net Operating Income
******
Reporting Date
******

Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
JS
Jaime Salazar PRO
•••.•••.7700
•••••.•••azar@•••••.com
Brokerage logo
Listing removed on
 BY:
WW
William Wamble PRO
•••.•••.8278
•••••••.••mble@•••••.com
Brokerage logo
Listing removed on
 BY:
PN
Patrick Nutt PRO
•••.•••.7365
•••••••.nutt@•••••.com
Brokerage logo

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