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Family Dollar Tree 204 Highway 98

10,500 SF Retail Building Carrabelle, FL 32322 $3,892,591 CAD ($371 CAD/SF) 6.50% Cap Rate

Investment Highlights

  • New hybrid store concept
  • Larger, 2+ AC site
  • Upgraded, high-quality construction, all masonry

Executive Summary

- Minimal landlord responsibilities with roof warranty
- 10+ year lease
- On a larger, 2+ AC site

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
10,500 SF
Building Class
B
Year Built
2023
Price
$3,892,591 CAD
Price Per SF
$371 CAD
Cap Rate
6.50%
NOI
$253,018 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
2.08 AC
Zoning
Commercial - Commercial
Parking
42 Spaces (4 Spaces per 1,000 SF Leased)

Nearby Major Retailers

Centennial Bank
IGA

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20-07S-04W-4190-0002-0010
Land Assessment
$168,634 CAD
Improvements Assessment
$0 CAD
Total Assessment
$168,634 CAD
  • Listing ID: 29145108

  • Date on Market: 2023-07-31

  • Last Updated:

  • Address: 204 Highway 98, Carrabelle, FL 32322

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