Located in Lake County, FL, this 9,012 +/- SF building sits on 1.52 +/- acres and offers a net leased Dollar General store at the signalized intersection of SR 19 and CR 450. The property is located in between two prominent commercial corridors: Interstate 4 and Interstate 75 and is surrounded by other retailers such as Save-a-lot, Family Dollar, Publix, Winn Dixie, and others. The current lease was recently extended for 9 years and 9 months followed by two 5 year options.
Dollar General Corp. is one of the largest and most creditworthy retailers in America with $25.6 billion in annual sales, 15,370 stores as of 2/19 and strong credit history.
Aerials & Documents
Status: For Sale
Property Type: Commercial, Retail
Location: 607 N Central Ave, Umatilla, Florida, 32784
Description: PIN: 121826060001400500
Zoning: C-1; C-2
CAP rate: 7.25%