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Family Dollar | Dollar Tree

109 S County Rd 315, Interlachen, FL 32148

Listing Price: $1,600,000

Cap Rate
7.00%
Tenant Name
Family Dollar & Dollar Tree
Years Remaining On Lease
3.8
Gross SF
9,180
Guarantor
Corporate Guarantee
Rentable SF
9,180
Price/Gross SF
$174.29
Lease Type
Double Net
Rent Per Square Feet
$12.22

Investment Overview

Marcus & Millichap is pleased to offer for sale the corporate-guaranteed 9,180-square-foot single-tenant Family Dollar | Dollar Tree (the Property) in Interlachen, FL, in which the tenant has over three years remaining on their double-net lease. The lease features four 5-year renewal options with a 10 percent increase in each renewal option to offset inflation.

This 1.53-acre property, situated at the strategic junction of State Road 20 and South County Road 315 in Interlachen, boasts a prime location directly opposite a CVS Pharmacy and a McDonald’s, anchoring a bustling retail corridor. Less than a mile east on State Road 20 lies the USPS Interlachen post office. Further enhancing its value, the Property is just 11 miles from the HCA Florida Putnam Hospital.

Educational facilities are conveniently close, with Robert H. Jenkins Jr. Elementary School directly to the south, while Price Middle School and Interlachen High School lie to the north of this parcel. Embracing Interlachen’s charm, known for its picturesque lakes, the property is nestled just east of Lake Chipco and Lake Lagonda, both popular local attractions.

This offering represents a rare chance to secure a corporate-backed lease in an area known for its high visibility and accessibility. The location’s rich array of retail offerings serves not only the local community but also attracts a steady flow of traffic along State Road 20 and South County Road 315.

Investment Highlights

  • Corporate-Guaranteed Double-Net Lease
  • 10 Percent Rent Increase in Each Renewal Option
  • Adjacent to the Intersection of State Road 20 and South County Road 315 — 10,400+ AADT
  • Nestled Near Two Local Recreational Lakes, Lake Chipco and Lake Lagonda
  • Within 11 Miles of HCA Florida Putnam Hospital
  • Nearest Family Dollar or Dollar Tree 14 Miles Away
  • Nearby Retail Includes CVS Pharmacy, McDonald's, Advance Auto Parts, Taco Bell, USPS and Dollar General

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Discount

Family Dollar | Dollar Tree

Listing Price: $1,600,000

Cap Rate
7.00%
Tenant Name
Family Dollar & Dollar Tree
Years Remaining On Lease
3.8
Gross SF
9,180
Guarantor
Corporate Guarantee
Rentable SF
9,180
Price/Gross SF
$174.29
Lease Type
Double Net
Rent Per Square Feet
$12.22

Investment Highlights

  • Corporate-Guaranteed Double-Net Lease
  • 10 Percent Rent Increase in Each Renewal Option
  • Adjacent to the Intersection of State Road 20 and South County Road 315 — 10,400+ AADT
  • Nestled Near Two Local Recreational Lakes, Lake Chipco and Lake Lagonda
  • Within 11 Miles of HCA Florida Putnam Hospital
  • Nearest Family Dollar or Dollar Tree 14 Miles Away
  • Nearby Retail Includes CVS Pharmacy, McDonald's, Advance Auto Parts, Taco Bell, USPS and Dollar General

Investment Overview

Marcus & Millichap is pleased to offer for sale the corporate-guaranteed 9,180-square-foot single-tenant Family Dollar | Dollar Tree (the Property) in Interlachen, FL, in which the tenant has over three years remaining on their double-net lease. The lease features four 5-year renewal options with a 10 percent increase in each renewal option to offset inflation. This 1.53-acre property, situated at the strategic junction of State Road 20 and South County Road 315 in Interlachen, boasts a prime location directly opposite a CVS Pharmacy and a McDonald’s, anchoring a bustling retail corridor. Less than a mile east on State Road 20 lies the USPS Interlachen post office. Further enhancing its value, the Property is just 11 miles from the HCA Florida Putnam Hospital. Educational facilities are conveniently close, with Robert H. Jenkins Jr. Elementary School directly to the south, while Price Middle School and Interlachen High School lie to the north of this parcel. Embracing Interlachen’s charm, known for its picturesque lakes, the property is nestled just east of Lake Chipco and Lake Lagonda, both popular local attractions. This offering represents a rare chance to secure a corporate-backed lease in an area known for its high visibility and accessibility. The location’s rich array of retail offerings serves not only the local community but also attracts a steady flow of traffic along State Road 20 and South County Road 315.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

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