906-960 S Main St - Storefront FOR SALE


Labelle, FL 33935
$6,800,904 USD
407-913-9009
906-960 S Main St, Labelle, FL for Sale
$6,800,904 USD
Storefront - FOR SALE
1/6
null | 5.75% Cap Rate

906-960 S Main St
Labelle, FL 33935


HIGHLIGHTS

  • Tenant is paying $7.41/sqft, low rent PSF.
  • A 0.45-acre out-parcel is available for future development, offering potential for expansion or additional investment on the property.
  • LaBelle is one of fastest-growing areas, nearly 1,000 homes built since 2019, leading the city to approve plans for a new High School 2-miles away

OVERVIEW

Tenant Remodel: ALDI is set to remodel the store, transitioning it from a Winn-Dixie to an ALDI, showcasing their long-term commitment to the location. Strong Corporate Guarantee: Lease signed by ALDI Inc. - Operating over 2,400 locations across 39 states - ALDI plans to open 800 new locations by the end of 2028 Long-Term Tenancy: This location has operated as a Winn-Dixie Supermarket since 1996, highlighting its strong performance and stability as a well-established site. Well Performing Store: This location has demonstrated consistent sales growth, with year-over-year sales increasing at an average rate of 8.9%, highlighting its strong market presence and continued potential for success.

FOR SALE DETAILS

PRICE

$6,800,904 USD

PRICE/SF

$129 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Aldi

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

250

LAND DETAILS

LAND ACRES

5.75 AC

LAND SF

250,470 SF

ZONING

LB-B-

APN/PARCEL ID

2-29-43-08-A00-0021-0100

ASK ABOUT THIS PROPERTY

Connor ShellStream Capital PartnersMore Info
407-913-9009

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Connor ShellStream Capital PartnersMore Info
407-913-9009

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.