Storefront For Sale • 9,180 SF
| 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 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Family Dollar | 7/19/2017 |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Gainesville Regional | 46 min | - | 31.8 mi |