This property is Off-Market

15375 SW Warfield Blvd
Indiantown, FL 34956 ·

9,100 SF · Retail For Sale

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Dollar General

Price N/A Construction Status Under Construction/Proposed
Building Size 9,100 SF Commission Split 2%
Property Type Retail Cap Rate 6.25%
Property Sub-type Free Standing Bldg Tenancy Single
Property Use Type Net Lease Investment with 10+ years left on lease Lot Size 1.35 AC
Listing ID: 18279869 Date Created: 07/25/2013 Last Updated: 12/09/2013

Description

Dollar General; Single Tenant; Triple Net Investment. Full Corporate Guarantee - S&P "BBB-" Credit Rating; NYSE Symbol - DG. Full Brochure Available
Initial Term (15 Years) Plus Five - 5 Year Options to renew
Initial Term Annual Rent $109,340.16;
Monthly Rent $9,111.68
( Base Rent ($12.13/SF) $109,340) + (10% rent increase each option period)
Option One Annual Rent $120,274.20;
Option Two Annual Rent $132,301.68;
Option Three Annual Rent $145,531.80;
Option Four Annual Rent $160,085.04;
Option Five Annual Rent $176,093.52;

Indiantown is located in Martin County (East Coast of Florida) which is just north of Palm Beach, County.

Highlights

  • 2% Broker Fee

Research

15375 SW Warfield Blvd, Indiantown, FL 34956 (Martin County)

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