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109 S County Road 315
Interlachen, FL 32148

$1,602,857 USD

Storefront For Sale  •  9,180 SF

Property Details

  • Property Type Storefront
  • Total Building Size 9,180 SF
  • Lot Size 1.64 AC
  • Building Class A
  • Year Built 2007
  • Cap Rate 7.00 %
  • Tenancy Single
40 Walk Score

Highlights

10-year lease extension executed, securing cash flow through December 31, 2037.
7.00% cap rate with $112,200 annual rent ($9,350/month) for the full term.
Four 5-year renewal options with 10% rent increases at each option start.
Income-tax-free state — ideal for 1031 exchange buyers seeking long-term yield.
Lease guaranteed by Family Dollar Stores of Florida, LLC.
Limited local competition in rural Putnam County captures consistent daily-needs traffic.
Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Family Dollar 7/19/2017

Public Transportation

AirportDriveWalkDistance
Gainesville Regional 46 min - 31.8 mi
Princeton Douglass 813-725-2182 Matthews™
Princeton Douglass 813-725-2182 Matthews™