Other, FL 32444,4629 Highway 389

$2,108,182

Est. payment /mo

$2,108,182

Est.Price: ?

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4629 Highway 389 Other, FL 32444

9,100 SqFt

SOLD DATE : 10/11/2019

Key Details

Sold Price $2,108,182

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 9,100 sqft

Price per Sqft $231

MLS Listing ID GC427401

Sold Date 10/11/19

HOA Y/N No

Year Built 2019

Annual Tax Amount $2,018

Lot Size 1.970 Acres

Acres 1.97

Property Description

This is a brand new location on Highway 389 in Lynn Haven, Florida with an Average Daily Traffic of 10,400. This offering represents an ideal opportunity for a 1031 exchange buyer or a "passive" investor. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant. This Seller is a trusted Dollar General developer with a meticulous construction and transaction process in place that makes these transactions extremely smooth and reliable. They have successfully delivered nearly 200 Dollar General locations over the past 10+ years. The Seller has negotiated special financing terms which may be extended to Buyer on this transaction, which could provide substantial cost savings and increased IRR to Buyer.

Location

State FL

County Other County

Interior

Cooling Central Air

Exterior

Roof Type Metal

Building

Lot Description Other

Lot Size Range 1 to less than 2

Structure Type Brick,Metal Frame,Metal Siding

Others

Acceptable Financing Other

Listing Terms Other

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Stellar MLS
Listed by Swift Creek Realty
Bought with Out Of Area Firm (See Remarks)

Jason VanDam

Broker Associate | License ID: BK3037091

+1(407) 625-1836

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