Family Dollar | Morriston, FL

2991 SE State Road 121, Morriston, FL

$1,550,000

Price

7%

Cap Rate

$108,576

NOI

Overview
Cap Rate
7%
NOI
$108,576
Building Size
9,240 sqft
Lot Area
1.366 acres
Units
1
Year Built
2015
Floors
1
Description

Southland Commercial, LLC and Rairigh Realty & Investments, LLC are pleased to bring to market a NNN
retail investment opportunity in the highly desirable, incoming tax-free state of Florida! This Family Dollar
store is located in Morriston, FL near Ocala & Gainesville. With strong lease terms in place & strong area
demographics this opportunity won't last long! There are 6+ years remaining on the initial lease term with
rent increases every 3 years. The lease is corporate guaranteed by Family Dollar.


Morriston, Fl is located in the "horse capital of the world", near Ocala and Williston, in Levy county. Levy
County is located in north-central Florida and is approximately 133 miles southeast of the State capitol,
Tallahassee. The county is comprised of 1,413 square miles, of which 1,118 square miles is land and 295 square
miles is water. Levy County serves more than 40,000 residents.


Location
Gallery