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10789 E Highway 40
Silver Springs, FL 34488

Ocala, Florida · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
C
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.40 AC
Zoning
B5
Parking
50 Spaces (5.49 Spaces per 1,000 SF Leased)

About 10789 E Highway 40 , Silver Springs, FL 34488

IN AN OPPORTUNITY ZONE-TAX ADVANTAGES: DEFERMENT OF TAXES ON INCOME GAIN, POTENTIAL TAX REDUCTION ON INCOME GAIN, AND TAX FREE GAIN EARNED ON THIS PROPERTY. This brand new Dollar General is strategically positioned and new to the Silver Springs, Florida area (east side of Ocala, Florida). Located along a very busy boating and recreation corridor at a corner with 2 “last stop” gas stations and several RV Parks. The average income exceeds $50,000 while the ADT exceeds 12,000, making this location ideal for a Dollar General. 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 DG 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. * This Seller has negotiated special financing terms which may be extended to Buyer on this transaction, which could provide substantial cost savings and increased IRR to Buyer.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
31723-002-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$996,723
  • Listing ID: 13475410

  • Date on Market: 2018-08-13

  • Last Updated:

  • Address: 10789 E Highway 40, Silver Springs, FL 34488

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