Williston, FL 32696,TBD NE 140 CT

$1,740,712

$1,825,625

4.7%
Est.Price: ?

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Est. payment /mo

9,100 SqFt


SOLD DATE : 05/10/2019

Key Details

Sold Price $1,740,712

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 9,100 sqft

Price per Sqft $191

MLS Listing ID GC425296

Sold Date 05/10/19

HOA Y/N No

Year Built 2018

Annual Tax Amount $1

Lot Size 1.600 Acres

Acres 1.6

Property Description

Newly constructed Dollar General store with a new 15-year NNN lease with Four (4) 5-year lease renewal options. Tenant is responsible for all expenses and maintenance at the property including taxes and insurance. Dollar General has corporately guaranteed the responsibilities and rent. This offering represents an ideal opportunity for a 1031 exchange buyer or a "passive" investor. This investment will offer a new owner continued success due to financial strength and the proven profitability of the tenant. This Seller is a Trusted Dollar General Developer with a meticulous construction and transaction process in place that makes these transactions extremely smooth and reliable. They have successfully delivered 200 Dollar General locations over the past 10+ years. This Seller has negotiated Special Financing Terms which may be extended to Buyer on this transaction, which would provide substantial cost savings and increased IRR to buyer. IN AN OPPORTUNITY ZONE-TAX ADVANTAGES: DEFERMENT OF TAXES ON INCOME GAIN, POTENTIAL TAX REDUCTION ON INCOME GAIN, AND TAX FREE GAIN ON THIS PROPERTY.

Location

State FL

County Levy

Exterior

Roof Type Metal

Building

Lot Description Other

Lot Size Range 1 to less than 2

Others

Acceptable Financing Other

Listing Terms Other

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Stellar MLS
Listed by Swift Creek Realty
Bought with Out Of Area Firm (See Remarks)
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