2340 US 17 - Freestanding FOR SALE


Winter Haven, FL 33881- Winter Haven/Lake Wales
$1,825,000 USD
954-703-3602
2340 US 17, Winter Haven, FL for Sale
$1,825,000 USD
Freestanding - FOR SALE
1/10
null | 7.4% Cap Rate

2340 US 17
Winter Haven, FL 33881
Winter Haven/Lake Wales


HIGHLIGHTS

  • 3+ Years Remaining | Corporate Guaranteed | Established Brand
  • NN Leased | Fee Simple Ownership | Limited Landlord Responsibilities
  • Situated Along 8th St NW (33,000 VPD) | Dense Retail Corridor | Ideally Next to Home Depot Anchored Center
  • Local Demographics in 5-mile Trade Area | Direct Consumer Base | Winter Haven

OVERVIEW

• Dollar General has 3+ years remaining on their current lease with 3 (5-year) options to extend, demonstrating their commitment to the site • The lease is corporate guaranteed by Dollar General, Corp., an investment grade (S&P: BBB), nationally recognized, and an established discount store with more than 20,100 locations in 47 states as of May 2024 • Part of DG National Insurance Program • The subject property is paying below market rent at around $14.53/Sq. Ft • The company has opened 1,050 new stores across the U.S. in 2022, expanding its presence to 47 states throughout the country

FOR SALE DETAILS

PRICE

$1,825,000 USD

PRICE/SF

$201 USD /SF

CAP RATE

7.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General | Single Tenant NN Leased

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

CROSS STREETS

Motor Pool Road

LAND ACRES

1.19 AC

LAND SF

51,836 SF

ZONING

C-3

APN/PARCEL ID

26-28-17-000000-023060

ASK ABOUT THIS PROPERTY

Jaime SalazarSRS Real Estate PartnersMore Info
954-703-3602

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Jaime SalazarSRS Real Estate PartnersMore Info
954-703-3602

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.