$2,149,812
$2,204,658
2.5%For more information regarding the value of a property, please contact us for a free consultation.
7,512 SqFt
SOLD DATE : 11/20/2019
Key Details
Sold Price $2,149,812
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 7,512 sqft
Price per Sqft $286
MLS Listing ID GC427406
Sold Date 11/20/19
HOA Y/N No
Year Built 2019
Annual Tax Amount $3,937
Lot Size 1.120 Acres
Acres 1.12
Property Description
This is a brand new location on 103rd Street in Jacksonville with an Average Daily Traffic of 47,000. 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 the 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 nearly 200 Dollar General locations over the past 10+ years. The Seller has negotiated special financing terms which may be extended to the Buyer on this transaction, which could provide substantial cost savings and increased IRR to Buyer.
Location
State FL
County Duval
Interior
Heating Central, Electric
Cooling Central Air
Exterior
Roof Type Metal
Building
Lot Description Other
Lot Size Range 1 to less than 2
Structure Type Brick,Metal Frame,Metal Siding
Others
Acceptable Financing Other
Listing Terms Other
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Bought with Out Of Area Firm (See Remarks)
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