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17 W Washington St
Chattahoochee, FL 32324
Family Dollar · Retail Property For Sale
Investment Highlights
- Early corporate lease extension — fresh 10-year term through September 30, 2036
- NN lease — landlord responsible only for roof and structure
- Corporate guarantee backed by Family Dollar Stores of Florida, LLC
- 6.75% cap rate priced at $1,558,518 with $105,200 guaranteed annual rent
- 30 years of options remaining with 5% rent increases at each option period
- Cross-border Florida-Georgia location drawing consistent consumer base
Executive Summary
Kyle Matthews
License # BK3554632, CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
License # BK3554632, CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
10,104 SF
Year Built
2020
Price
$2,149,104 CAD
Price Per SF
$212.70 CAD
Cap Rate
6.75%
NOI
$145,064 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.00 AC
Zoning
COMMERCIAL (B-1)
Parking
42 Spaces (4.16 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 1-33-4N-6W-0050-00000-0011 | Improvements Assessment | $1,388,576 CAD |
| Land Assessment | $95,595 CAD | Total Assessment | $1,484,171 CAD |
Property Taxes
Parcel Number
1-33-4N-6W-0050-00000-0011
Land Assessment
$95,595 CAD
Improvements Assessment
$1,388,576 CAD
Total Assessment
$1,484,171 CAD
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