Dollar General on a 1.25 Acre Site – Crawfordville, FL

  • $1,502,400
1885, Crawfordville Highway, Ivan, Crawfordville, Wakulla County, Florida, 32327, United States of America

Dollar General on a 1.25 Acre Site – Crawfordville, FL

1885, Crawfordville Highway, Ivan, Crawfordville, Wakulla County, Florida, 32327, United States of America
  • $1,502,400

Overview

Property ID: 18616
  • Property Type
  • Industrial Properties
  • 9230
  • sqft

Description

Located at 1885 Crawfordville Highway, Crawfordville, Florida, this Dollar General store is a 2008 CBS construction. The subject property includes a 9,230 sq.ft., free-standing building that sits on a massive 1.25-acre of land. Dollar General has recently signed a nine-year extension on the lease that expires on October 21, 2028. The property is situated north of a Super Walmart and is just 15 miles south of downtown Tallahassee.

With a net worth of over $6.13 billion and more than $23.5 billion in revenue, Dollar General is undoubtedly a growing Fortune 500 company (#123). Credit agency Standard & Poors has recently increased Dollar General’s credit rating to Investment Grade (BBB). The company’s share is publicly traded on the New York Stock Exchange under the ticker symbol, “DG.” Primarily dominant in the Southern and Eastern US, the Midwest, and the Southwest, Dollar General operates more than 15,000 discount stores in about 44 states as of July 24, 2018. The company offers a wide range of services, including cleaning supplies, health and beauty aids, food, and apparel. The average cost of products in a Dollar General Store ranges between $1 and $35.

This investment property is suitable for a 1031 exchange.

Property Details – 

  • Property Type – Industrial Property
  • Property Status – Available
  • Location – 1885, Crawfordville Highway, Ivan, Crawfordville, Wakulla County, Florida, 32327, USA
  • Year of Construction – N/A
  • Lease Type – Net Lease
  • Lease Expiration – N/A
  • Property Size – 9230 sq.ft.

Details

Updated on April 23, 2020 at 1:08 pm
  • Price: $1,502,400
  • Property Size: 9230 sqft
  • Property Type: Industrial Properties
  • Property Status: Available
  • Cap Rate: 7.50%
  • Lease Expiration: N/A
  • NOI: $112,680
  • Tenant: Single Tenant Net Lease
  • Address 1885, Crawfordville Highway, Ivan, Crawfordville, Wakulla County, Florida, 32327, United States of America
  • City Crawfordville
  • State/county Wakulla County
  • Zip/Postal Code 32327

Contact Information

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Ronnie Issenberg
  • Ronnie Issenberg

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Ronnie Issenberg
  • Ronnie Issenberg