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Gelfand Realty Miami Properties - Retail

5891 SE 88TH, OCALA, FL 34472

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Retail -

5891 SE 88TH, OCALA, FL 34472

Sold Price$1,615,488 Asking Price$1,615,488

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  • Days on market:

    155 day(s)
  • Original Price:

    $1,615,488
  • Price per sqft:

    $177.53
  • Tax Legal Description:

    LLILO
  • Tax Year:

    2016
  • Property Type:

    Retail
  • Roof:

    Metal

Description

$1,615,488 • living size area 9100 sqft

Newly constructed dollar general store located in ocala, florida. this property is located along a main road with great visibility. dollar general has guaranteed a new 15-year nnn lease with four 5-year options with 10% increases. tenant is responsible for all expenses and maintenance at the property including taxes and insurance. dollar general corporately guarantees the lease and is an investment grade tenant with an s&p rating of bbb. this passive investment offers buyer a secure investment with no management responsibilities and rent guaranteed by a stable, recession-proof tenant.

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