Listed by SRS Real Estate Partners Tampa, SRS Real Estate Partners South Florida
$987,000
Dollar General - Top 7% of all DGs in USA
Details
APN 98-8081-0010-0050-00
Property Type Retail
Sub Type Convenience Store, Grocery Store
Square Footage 9,014
Cap Rate 7%
NOI $69,114
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type NN
Lease Term 24
Lease Expiration 02/28/2029
Remaining Term 2.7
Rent Bumps Yes
Lease Options 2 (5-Year)
Price per SqFt $110
Broker Co-Op Yes
Year Built 2005
Buildings 1
Stories 1
Acreage 0.780
Zoning General Retail
Parking Spaces 28 spaces
Parking Per SqFt 3.11
Investment Type Net Lease
Tenant Credit Corporate Guarantee, Credit Rated
Lease Commencement 03/01/2005
Ownership Fee Simple
Retail | 7.00% CAP | 9,014 SqFt
Investment highlights
20-Year Operating History | Corporate Guaranteed | Top-Performing Store | Below Market Rent
NN Lease | Fee Simple Ownership
Fronting Stuart Place Rd | Interstate 2 | Surrounding Retailers | Excellent Visibility & Access
Local Demographics In 10-mile Trade Area
Listing Contacts
Listed by SRS Real Estate Partners Tampa, SRS Real Estate Partners South Florida
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$69,114.00
$5,759.50/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
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