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1177 Plum St
Jennings, FL 32053
Family Dollar · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
8,320 SF
Building Class
B
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.45 AC
Zoning
C - Commercial
Parking
56 Spaces (6.73 Spaces per 1,000 SF Leased)
Frontage
89’ on Plum Street

ABOUT 1177 PLUM ST , JENNINGS, FL 32053

Coldwell Banker Commercial is proud to offer for sale a 8,400 sf, free standing Family Dollar retail Store. The Store was built as a Build to Suite in 2016 and has 13 years remaining on its original 15 year absolute NNN lease. This means no owner responsibilities. This is a true, " Mail Box Investment" in that the owner simply needs to collect the income from his investment. There is a 10% rent increase in year 10 and 10% rent increase in all of the option years. The property is located in Hamilton County in the town of Jennings FL. Jennings is a small town, reminiscent of the true old Florida, surrounded by farms lands hard working locals and visitors enjoying the springs, nature and home town feel Jennings offers. Also offered as a possibility is an assumable mortgage at a below current market interest rate with a 25 year amortization. This could allow a little flexibility and leveraging to an investor.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7238-030
Land Assessment
$21,750
Improvements Assessment
$663,141
Total Assessment
$684,891
  • Listing ID: 13201849

  • Date on Market: 7/18/2018

  • Last Updated:

  • Address: 1177 Plum St, Jennings, FL 32053

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