109 S County Road 315 - Storefront FOR SALE
Interlachen, FL 32148 |
$1,602,857 USD
813-725-2182
109 S County Road 315
Interlachen, FL 32148
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.
FOR SALE DETAILS
PRICE
$1,602,857 USD
PRICE/SF
$175 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Family Dollar
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
ADD'L SUBTYPES
Convenience Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2007
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.64 AC
LAND SF
71,438 SF
ZONING
-
APN/PARCEL ID
15-10-24-4050-0290-1492
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813-725-2182
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813-725-2182
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