Other, FL 34737,22655 County Road 455

$2,890,521

$2,890,521

Est.Price: ?

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Est. payment /mo

9,100 SqFt


SOLD DATE : 04/08/2021

Key Details

Sold Price $2,890,521

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 9,100 sqft

Price per Sqft $317

MLS Listing ID GC440371

Sold Date 04/08/21

HOA Y/N No

Year Built 2020

Annual Tax Amount $789

Lot Size 2.280 Acres

Acres 2.28

Property Description

This Dollar General is a New 9,100 sf with a corner entry. The building features pre-finished metal panels and 8" brick wainscotting. The roof is metal and HVAC units are on the roof. This is a newly constructed store with a 15-year NNN lease with four (4) 5-year renewal options. Tenant is responsible for all expenses and maintenance at the property, including taxes and insurance. Dollar General corporately guarantees the lease and is an investment grade tenant with an S&P rating of BBB. This offering represents an ideal opportunity for a 1031 exchange buyer or a "passive" investor. This passive investment offers buyers a secure investment with no landloard responsibilities and rent guaranteed by a stable, recession, e-commerce, and pandemic resistant tenant. Dollar General has thrived in 2020 becoming an essential business that sells essential goods in a time of need and that has grown in sales volume, profits, expanded its locations, hired more employees in mass numbers, and continued to service it''s growing customer base.

Location

State FL

County Lake

Building

Lot Size Range 2 to less than 5

Others

Acceptable Financing Cash

Listing Terms Cash

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Stellar MLS
Listed by Swift Creek Realty
Bought with Out Of Area Firm (See Remarks)
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