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3820 W Sr-390 - Dollar General, Panama City, FL

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3820 W Sr-390 - Dollar General

Panama City, FL 32405

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:2010
Building Size:9,100 SF Land Area:1.06 AC (45,999 SF)
For Sale Price:$1,600,000 Price/SF:$175.82
Cap Rate:7.00 %
Parking:Free Surface spaces are available; Ratio of 3.96/1,000 SF

Sale Notes:
The subject offering is a fee simple interest in a net leased Dollar General. There are nine years remaining and three 5 year option to renew. The lease also calls for rental increases at the each option period. The lease calls for minimal landlord obligations.

SVN Commercial Advisory Group
Clint Conway
(941) 387-1200

Michael Gallatin
(941) 387-1200

SVN The Kase Group
Jacob Abusharkh
(925) 231-1770

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