Net Lease Investment Opportunity
Dollar General Market
Rent Increases in Renewal Options
Corporate Guarantee
15072 SR 51 (SR 51 & CR 252)
LIVE OAK, FL
32060
30.1738129, -83.1466141
price upon request
SALES PRICE
request more information to:
PROPERTY details
Net Lease Investment Opportunity
CAP RATE:
UPON REQUEST
ANNUAL RENT:
$158,692.32
3.21 ACRE SITE
12,480 SQUARE FEET
SQUARE FEET
HIGHLIGHTS
- NEW 15-YEAR CORPORATE NNN LEASE- 14+ YEARS REMAINING PRIMARY TERM
- RENT INCREASES OF 10% PER RENEWAL OPTION
- RENEWAL OPTIONS: FOUR (4), FIVE YEAR OPTIONS
- NO LANDLORD RESPONSIBILITIES, TENANT IS 100% RESPONSIBLE FOR ALL EXPENSES
- NEW STORE WITH UPGRADES
- CONVENIENTLY LOCATED ON FL SR 51 (4,900 AADT) & CR 252 (1,100 AADT)
- HARD CORNER SITE, OVERSIZED PROPERTY
- EXTENSIVE ROAD FRONTAGE WITH 627.48’ ON FL SR 51 AND 477.49’ ON CR 252