Retail•Free Standing•For Sale

607 N. Central Ave. in Umatilla

607 North Central Avenue, Umatilla, Florida 32784

Sale Price $1,590,000
Tenant Yes
Bldg Type Single-Tenant
Class B
Status Existing
Year Built 2008
Stories 1
Cap Rate 7.25%
Parcel# 121826060001400500
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.
5/10/2019 12:00:00 AM 5/10/2019 7:51:23 PM
Gary Ralston
Managing Partner
Coldwell Banker Commercial Saunders Ralston Dantzler Realty

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