$1,604,547
$1,978,866
18.9%For more information regarding the value of a property, please contact us for a free consultation.
9,100 SqFt
SOLD DATE : 02/27/2019
Key Details
Sold Price $1,604,547
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 9,100 sqft
Price per Sqft $176
MLS Listing ID GC422923
Sold Date 02/27/19
HOA Y/N No
Year Built 2019
Lot Size 1.790 Acres
Acres 1.79
Property Description
This is a brand new location on State Road 107 with Average Daily Traffic of 8,500. This offering represents an ideal opportunity for a 1031 exchange buyer or a "passive" investor. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant. This Seller is a trusted Dollar General developer with a meticulous construction and transaction process in place that makes these transactions extremely smooth and reliable. They have successfully delivered nearly 200 Dollar General locations over the past 10+ years. The Seller has negotiated special financing terms which may be extended to Buyer on this transaction, which could provide substantial cost savings and increased IRR to Buyer.
Location
State FL
County Nassau
Exterior
Roof Type Metal
Building
Lot Description Other
Lot Size Range 1 to less than 2
Others
Acceptable Financing Other
Listing Terms Other
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Bought with Swift Creek Realty
