HIGHLIGHTS
- Absolute NNN lease with zero landlord responsibilities
- Winn Dixie recently extended their lease early for an additional 10-years showing their long-term commitment to this location
- Rare 5% rent increase in year 5 of the new lease extension
- Subject property features convenient access, great visibility and is located at the well trafficked Joor Rd and Hopper Rd with combined traffic count
- Property is drawing customers from up to 10 miles away (ADVAN)
FOR SALE DETAILS
PRICE
$8,876,000 USD
PRICE/SF
$144 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Winn Dixie
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1998
SPRINKLERS
-
PARKING SPACES
315
LAND DETAILS
LAND ACRES
7.18 AC
LAND SF
312,873 SF
ZONING
-
APN/PARCEL ID
01258508
ASK ABOUT THIS PROPERTY
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201-282-9003
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201-282-9003
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