Highlights

• LOW rent-to-sales ratio - - 2%. Very healthy and profitable store.
• Price per SF is below replacement cost at $46 a foot.
• Great Value Added Opportunity

• Breakpoint for percentage rent is $14mm. Sales currently at $13+mm
• Seasoned, performing store in stable location
• Rent increases in option periods.

Description

Terrific Value-Added opportunity. 8+ years left on the lease for this free-standing Winn-Dixie.

Winn Dixie has been in this same location since 1992 and does well. Annual store sales for the last two years have been in excess of $13mm. This is a 2% rent-to-sales ratio and represents a very healthy store for Winn-Dixie.

This Winn-Dixie is ideally located on the east side of Arcadia at the southwest corner of the intesection of Hwy 70 (East Oak) and Airport Blvd . Hwy 70 boasts some of the countys highest traffic counts. and is the major arterial for local and regional traffic.

The store sits directly between Wachovia Bank and Domino' s Pizza - with direct access of f Hwy 70. Bank of America, Circle K, McDonald' s and Taco Bell are right across the street. Tractor Supply and Sweetbay Market are just down the road.