Discount
Dollar General | East Palatka, FL
108 Louis Broer Rd E, East Palatka, FL 32131
Listing Price: $2,995,000
Cap Rate
6.15%
Tenant Name
Dollar General
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$17,310.54
Investment Overview
Brand new construction Dollar General Market in East Palatka, FL.
Dollar General | East Palatka, FL
Investment Highlights
- Brand new construction, Dollar General Market delivering in May | 15-year absolute net lease with 5% increases every five years.
- Excellent corner location with traffic counts of 17,600 vehicles per day | Nearly 17,000 residents within five miles of the site and an average HH income of $114,000 within a mile of the site
- East Palatka benefits from Palatka's broader economy, which historically has been tied to timber, citrus, services, tourism, and outdoor recreation.
Exclusively Listed By
Broker of Record
-
Ryan Nee
Executive Managing Director, Chief Revenue Officer- Southeast/Mid-Atlantic Division
Financing By
Listing Price: $2,995,000
Cap Rate
6.15%
Tenant Name
Dollar General
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$17,310.54
Investment Highlights
- Brand new construction, Dollar General Market delivering in May | 15-year absolute net lease with 5% increases every five years.
- Excellent corner location with traffic counts of 17,600 vehicles per day | Nearly 17,000 residents within five miles of the site and an average HH income of $114,000 within a mile of the site
- East Palatka benefits from Palatka's broader economy, which historically has been tied to timber, citrus, services, tourism, and outdoor recreation.
Investment Overview
Brand new construction Dollar General Market in East Palatka, FL.
Exclusively Listed By
Broker of Record
-
Ryan Nee
Executive Managing Director, Chief Revenue Officer- Southeast/Mid-Atlantic Division
Financing By
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