$1,240,000
$1,240,000
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6 Candy Cane LN FL
0.25 Acres Lot
Key Details
Sold Price $1,240,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 679300
Sold Date 01/16/19
HOA Y/N No
Year Built 2018
Lot Size 10,890 Sqft
Acres 0.25
Property Description
7,500 SF Dollar General store, located in Lyons, GA. The property is encumbered with a Fifteen (15) Year Absolute NNN Lease, leaving zero landlord responsibilities. The lease contains four (5Yr.) options, each with a 10% rental rate increase. The lease is corporately guaranteed by Dollar General which holds an investment grade credit rating of ''BBB''. The store is under construction with rent scheduled to commence on 7/23/2018.
Location
State FL
County Other
Area 11 - Other Counties
Interior
Fireplace No
Exterior
Waterfront No
Building
Entry Level One
Level or Stories One
Schools
Elementary Schools Other
Middle Schools Other
High Schools Other
Others
Tax ID C41A 097D
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Elite Realty