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Dollar General 958 2nd St 14,500 SF Retail Building Florala, AL 36442 $820,000 ($56.55/SF) 8.50% Cap Rate
Investment Highlights
- Very Low Rent ($4.81 per Square Foot) with No Options Remaining
- Adjacent to Piggly Wiggly Grocery Store
- Double Net Lease with Corporate Guarantee
- Part of a Nine Location Dollar General Portfolio and Available for Sale Individually
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,500 SF
Building Class
C
Year Built/Renovated
1972/2003
Price
$820,000
Price Per SF
$56.55
Cap Rate
8.50%
NOI
$69,696
Tenancy
Single
Building Height
1 Story
Building FAR
0.41
Lot Size
0.81 AC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- -
- Double Net
- Aug 2028
Dollar General is a national discount retailer operating multiple neighborhood-scale stores throughout New Port Richey, Florida. The Massachusetts Avenue location serves surrounding residential neighborhoods with a broad assortment of everyday necessities at low price points. The store offers groceries, snacks, health and beauty products, cleaning supplies, basic apparel, paper goods, seasonal items, and private-label merchandise.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | - | Double Net | Aug 2028 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 29-07-35-3-301-020.000 | Improvements Assessment | $82,508 |
| Land Assessment | $3,520 | Total Assessment | $86,028 |
Property Taxes
Parcel Number
29-07-35-3-301-020.000
Land Assessment
$3,520
Improvements Assessment
$82,508
Total Assessment
$86,028
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Dollar General | 958 2nd St
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