Retail Space For Sale @ 1177 Plum St

Coldwell Banker Commercial is proud to offer for sale a 8,400 sf, free standing Family Dollar retail Store. The Store was built as a Build to Suite in 2016 and has 13 years remaining on its original 15 year absolute NNN lease. This means no owner responsibilities. This is a true, " Mail Box Investment" in that the owner simply needs to collect the income from his investment. There is a 10% rent increase in year 10 and 10% rent increase in all of the option years.
The property is located in Hamilton County in the town of Jennings FL. Jennings is a small town, reminiscent of the true old Florida, surrounded by farms lands hard working locals and visitors enjoying the springs, nature and home town feel Jennings offers.
Also offered as a possibility is an assumable mortgage at a below current market interest rate with a 25 year amortization. This could allow a little flexibility and leveraging to an investor.