914 Lakepoint Rd - Convenience Store FOR SALE


Alford, FL 32420
$1,628,598 USD
214-692-2289
914 Lakepoint Rd, Alford, FL for Sale
$1,628,598 USD
Convenience Store - FOR SALE
1/3
null | 6.35% Cap Rate

914 Lakepoint Rd
Alford, FL 32420


HIGHLIGHTS

  • 2022 build-to-suit construction for Dollar General
  • Rare 10% rent increase during the base term of the lease
  • Dollar General executed a rare early extension of this lease early and added the 10% rent increase during the base term, further proving their commitm
  • Population growth of 10.57% over the next 5-years (3-Mile radius)
  • ±14-years remaining on the current term of the lease
  • Absolute NNN lease with no landlord responsibilities

OVERVIEW

Broker of Record Kyle Matthews License No. CQ1066435 (FL) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$1,628,598 USD

PRICE/SF

$153 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General Plus

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.38 AC

LAND SF

103,673 SF

ZONING

Commercial

APN/PARCEL ID

12-2N-12-0000-0120-0030

ASK ABOUT THIS PROPERTY

Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

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Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

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