881 N State Road 21 - Freestanding FOR SALE


Melrose, FL 32666
$1,311,268 USD
813-725-2182
881 N State Road 21, Melrose, FL for Sale
$1,311,268 USD
Freestanding - FOR SALE
1/3
null | 7.25% Cap Rate

881 N State Road 21
Melrose, FL 32666


HIGHLIGHTS

  • Leased at a below-market rental rate of $95,067 annually ($10.07/SF), offering an appealing price point and low occupancy cost relative to market comp
  • Lease backed by Dollar Tree, Inc., an S&P-rated BBB and Moody’s Baa2 investment-grade entity.
  • Corporate-guaranteed, absolute triple-net lease structure with over four years remaining and six (6) five-year extension options.

OVERVIEW

Kyle Matthews License No. CQ1066435 (FL) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$1,311,268 USD

PRICE/SF

$139 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.96 AC

LAND SF

128,938 SF

ZONING

-

APN/PARCEL ID

18-09-23-0000-0753-0040

ASK ABOUT THIS PROPERTY

Princeton DouglassMatthews Real Estate Investment ServicesMore Info
813-725-2182

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Princeton DouglassMatthews Real Estate Investment ServicesMore Info
813-725-2182

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