$1,791,615
$1,835,671
2.4%For more information regarding the value of a property, please contact us for a free consultation.
9,100 SqFt
SOLD DATE : 12/17/2019
Key Details
Sold Price $1,791,615
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 9,100 sqft
Price per Sqft $196
MLS Listing ID GC427447
Sold Date 12/17/19
HOA Y/N No
Year Built 2019
Annual Tax Amount $645
Lot Size 1.850 Acres
Acres 1.85
Property Description
This is a brand new store in Lake City, Florida on busy Birley Avenue. This offering represents an ideal opportunity for a 1031 exchange buyer or a "passive" investor. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant. The Seller is a trusted Dollar General developer with a meticulous construction and transaction process in place that makes these transactions extremely smooth and reliable. They have successfully delivered nearly 200 Dollar General locations over the past 10+ years. The Seller has negotiated special financing terms which may be extended to Buyer on this transaction, which could provide substantial cost savings and increased IRR to Buyer.
Location
State FL
County Columbia
Exterior
Roof Type Metal
Building
Lot Description Other
Lot Size Range 1 to less than 2
Others
Acceptable Financing Other
Listing Terms Other
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Bought with Out Of Area Firm (See Remarks)
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