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Family Dollar 915 S SR 15a 8,099 SF Retail Building Deland, FL 32720 $1,125,000 ($138.91/SF) 7.24% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime Investment Opportunity – 7.24% Cap Rate - Lease increases by 10% June 2026
- Prime Location – Positioned on a busy commercial corridor with excellent visibility
- Strong National Tenant – Long-term lease with Family Dollar, a trusted discount retail tenant
- Growing Market – DeLand’s thriving economy and expanding population enhance long-term value
EXECUTIVE SUMMARY
Panther Capital Group presents a new investment opportunity with this single-tenant Family Dollar property, strategically located in DeLand, FL.
Offering a 7.24% cap rate, this high-traffic retail location provides stable cash flow backed by a nationally recognized tenant.
Don’t miss out on this high-yield turnkey retail asset – contact us today for more details!
Offering a 7.24% cap rate, this high-traffic retail location provides stable cash flow backed by a nationally recognized tenant.
Don’t miss out on this high-yield turnkey retail asset – contact us today for more details!
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,099 SF
Building Class
C
Year Built
2011
Price
$1,125,000
Price Per SF
$138.91
Cap Rate
7.24%
NOI
$81,499
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.35 AC
Zoning
C-2 - General C-2 zoning suitable for most commercial needs!
Parking
26 Spaces (2.83 Spaces per 1,000 SF Leased)
Frontage
122’ on Spring Garden Ave
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 7020-00-00-0050 | Total Assessment | $812,166 (2025) |
| Land Assessment | $164,657 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $647,509 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
7020-00-00-0050
Land Assessment
$164,657 (2025)
Improvements Assessment
$647,509 (2025)
Total Assessment
$812,166 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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Family Dollar | 915 S SR 15a
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