Family Dollar 2991 SE SR 121

Family Dollar - NNN Investment Opportunity in Florida Investment opportunity awaits in Morriston, FL! Presenting a prime NNN retail property, this Family Dollar store is a highly desirable investment with a strong lease in place. Located near Ocala and Gainesville, this property offers an attractive cap rate of 8.0352% and a NOI of $108,576. With a building size of 9,240 square feet and a generous lot size of 1.37 acres, this property is ideal for investors seeking a stable income stream. Built in 2015, this free-standing retail property has a corporate-guaranteed lease by Family Dollar, with over 6 years remaining on the initial lease term. The lease includes rent increases every 3 years, providing steady growth potential. Situated in Levy County, known as the "horse capital of the world," this location serves a thriving local community of over 40,000 residents. With its strategic location on SE State Road 121, this property offers excellent visibility and easy access for customers. Don't miss out on this outstanding investment opportunity! Take advantage of the tax-free benefits in Florida and contact us today for more information. Property Details: - Property Name: Family Dollar - NNN Investment Opportunity in Florida - Address: 2991 SE State Road 121, Morriston, FL 32668 - Building Size: 9,240 SF - Lot Size: 1.37 Acres - Cap Rate: 8.04% - NOI: $108,576 - Lease Type: NNN