Property Listing No Longer Available for Sale

205 DENTON AVENUE, AUBURNDALE, FL

Retail for Sale - $2,298,327 - 9,240 Sq. Ft. on 1 acres


Property Info

CIMLS#1116968
Location
  205 DENTON AVENUE
  AUBURNDALE FL 33823
UpdatedApril 15th, 2022
TypeRetail
Price$2,298,327
Building9,240 Sq. Ft.
Land1 acres

Property Description

Property Type: Retail

Year Built: 2014

CAP Rate: 5.37%

NOI: $123,459.96

Freestanding Building, Single Tenant - NNN Lease (+/- 8 Years Remaining)

Lease Commence: February 15, 2015

Option Periods: Four (4), Five (5) Year Options

Rent Increases: Flat During Term

Foundation: Concrete Block

Parking: Ample

100% Leased

Tenant: Dolgencorp, LLC

Guarantor: Dollar General Corporation

Highlights

INVESTMENT HIGHLIGHTS:

• Absolute NNN Lease - Zero Landlord Responsibilities

• Dollar General Corporation Carries an S&P Credit Rating of “BBB”

• Upgraded Architecture (Brick & EIFS Stucco)


Financials