Highway 17 - Freestanding FOR SALE


Avon Park, FL 33825
$2,102,976 USD
248-702-0288
Highway 17, Avon Park, FL for Sale
$2,102,976 USD
Freestanding - FOR SALE
1/7
null | 6.25% Cap Rate

Highway 17
Avon Park, FL 33825


HIGHLIGHTS

  • Long Term 15-Year Triple-Net (NNN) Lease With Zero Landlord Responsibilities | 11 Years Remaining
  • 2021 BTS Construction | Upgraded Design | Corner Location
  • Corporate Guarantee | S&P Credit Rating "BBB"
  • 4 (5 Year) Options | 10% Increases at Each Option
  • Traffic Counts Boast 7,839 Cars Per Day on Highway 17 and 1,902 on E. Altvater Rd
  • Florida is an Income Tax-Free State

OVERVIEW

2021 Build to Suit | Absolute Net Lease | Passive Investment | Tax-Free State

FOR SALE DETAILS

PRICE

$2,102,976 USD

PRICE/SF

$231 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

1.72 AC

LAND SF

74,923 SF

ZONING

CM

APN/PARCEL ID

C-06-34-29-020-0000-0010

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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