2628 17th Street, Sarasota, FL 34237
Commercial property for sale
Description
9+ years left on the lease. NN with rent increses at 8% in your 1st option year 11 and each two 5 year option periods thereafter. Assumable non recourse financing at 5% interest that runs concurrent with the lease. No transfer fee on the loan. Cash on Cash return of 12% at offer price. Ideal Dollar General location that was a relocation after 15 succsseful years in the area. Goodlettsville, Tenn.-based Dollar General Corporation is the nation's largest small-box discount retailer. We make shopping for everyday needs simpler and hassle-free by offering a carefully edited assortment of the most popular brands at low everyday prices in small, convenient locations. Dollar General ranks among the largest retailers of top-quality brands made by America's most-trusted manufacturers, such as Procter & Gamble, Kimberly Clark, Unilever, Kellogg's, General Mills and Nabisco. Building price details: $2,050,000.
Property Details
- Type: Retail
- Status: Available
- Year Built: 1988
- Buildings: 1
Exterior Features
- Parking: Yes
- Parking Spaces: 36