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Family Dollar 204 Highway 98 10,500 SF Retail Building Carrabelle, FL 32322 $2,746,154 ($261.54/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Upgraded, high-quality construction, all masonry
- Larger, 2+ AC site
EXECUTIVE SUMMARY
- Minimal landlord responsibilities with roof warranty
- 10+ year lease
- On a larger, 2+ AC site
- 10+ year lease
- On a larger, 2+ AC site
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
10,500 SF
Building Class
B
Year Built
2023
Price
$2,746,154
Price Per SF
$261.54
Cap Rate
6.50%
NOI
$178,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
2.08 AC
Zoning
Commercial - Commercial
Parking
42 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
200’ on SAINT JAMES AVE
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 20-07S-04W-4190-0002-0010 | Improvements Assessment | $1,179,191 |
| Land Assessment | $180,000 | Total Assessment | $1,359,191 |
PROPERTY TAXES
Parcel Number
20-07S-04W-4190-0002-0010
Land Assessment
$180,000
Improvements Assessment
$1,179,191
Total Assessment
$1,359,191
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Family Dollar | 204 Highway 98
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