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550 W 1st St
Sanford, FL 32771
Dollar Tree | Below Market Rent · Commerce de détail Propriété À vendre
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Faits saillants de l'investissement
- Brand-new 2023 construction offering minimal near-term capital expenditure risk
- Strong visibility and access along W. 1st Street in growing Sanford, FL market
- Landlord-friendly NN structure, with landlord responsible only for roof & structure
- Corporate-guaranteed lease providing secure, reliable income stream
- Proximity to Seminole Towne Center, a major regional mall anchored by Dick’s Sporting Goods, Burlington, Old Navy, JCPenney, Dillard’s, and Macy’s
Résumé de l'annonce
CBRE is pleased to present the exclusive listing for the Dollar Tree located at 550 W. 1st St, in Sanford, FL. The site consists of 14,129 total square feet of building space and sits on 1.26 acres of land. The site will be subject to a 10-Year Double-Net (NN) Lease with roughly 7.4 years remaining. Starting in year one, the base rent shall be $254,322. The lease will call for a 6.00% rental escalation in year six of the lease, with two (2), five (5)-year renewal option periods (20-year total term).
The subject property benefits from being located in a strong retail corridor surrounded by national and local tenants, shopping centers, and hospitality accommodations. Located on an out-parcel to the Downtown Sanford commercial corridor, the subject property is surrounded by the following major retailers in the immediate area, including Target and Walmart, which are both identified as major superstores serving the Sanford market. Additionally, the nearby Seminole Towne Center—a major regional mall—hosts national anchors such as Dick’s Sporting Goods, Burlington, Old Navy, JCPenney, Dillard’s, and Macy’s, all located within the broader Sanford retail trade area.
The subject property benefits from being located in a strong retail corridor surrounded by national and local tenants, shopping centers, and hospitality accommodations. Located on an out-parcel to the Downtown Sanford commercial corridor, the subject property is surrounded by the following major retailers in the immediate area, including Target and Walmart, which are both identified as major superstores serving the Sanford market. Additionally, the nearby Seminole Towne Center—a major regional mall—hosts national anchors such as Dick’s Sporting Goods, Burlington, Old Navy, JCPenney, Dillard’s, and Macy’s, all located within the broader Sanford retail trade area.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
14 129 pi²
Classe d’immeuble
C
Année de construction/rénovation
2003/2023
Prix
5 757 807 $ CAD
Prix par pi²
407,52 $ CAD
Taux de capitalisation
6,05%
Revenu net d’exploitation
348 347 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,24
Taille du lot
1,36 AC
Zonage
SC3, Sanford - Commercial spécial
Façade
146’ sur 1st St
Commodités
- Ligne d'autobus
- Enseigne sur pylône
- Affichage
- Intersection avec signalisation
- Service au volant
Impôts fonciers
| Numéro de lot | 25-19-30-5AG-0208-0010 | Évaluation des bâtiments | 2 010 399 $ CAD |
| Évaluation du terrain | 1 508 188 $ CAD | Évaluation totale | 3 518 586 $ CAD |
Impôts fonciers
Numéro de lot
25-19-30-5AG-0208-0010
Évaluation du terrain
1 508 188 $ CAD
Évaluation des bâtiments
2 010 399 $ CAD
Évaluation totale
3 518 586 $ CAD
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