6 Candy Cane Lane, FL
$1,240,000
Property Type:
Commercial for Sale
Square Footage:
7,500
Lot Size (sq. ft.):
10,890
Status:
Sold
Current Price:
$1,240,000
List Date:
1/16/2019
Last Modified:
10/04/2024
Description
7,500 SF Dollar General store, located in Lyons, GA. The property is encumbered with a Fifteen (15) Year Absolute NNN Lease, leaving zero landlord responsibilities. The lease contains four (5Yr.) options, each with a 10% rental rate increase. The lease is corporately guaranteed by Dollar General which holds an investment grade credit rating of ”BBB”. The store is under construction with rent scheduled to commence on 7/23/2018.
More Information MLS# 679300
Contract Info
List Price/SqFt: 165.33
List Date: 2018-12-01
List Price: $1,240,000
Current Price: $1,240,000
Sub-Type: Retail
Location
Sub Area: 1101 – Other
Community/Resort: None
Waterfront: No
Elementary School: Other
Middle School: Other
High School: Other
Directions: 6 Candy Cane St Lyons Ga 304436
Area: 11 – Other Counties
Street #: 6
Street Name: Candy Cane
Street Suffix: Lane
State: FL
County: Other
Subdivision: Other
Parcel ID: C41A 097D
Legal Description: see attached long lengthy
General Property Info
List Class: Retail Store
Acreage: 0.25
Construction Status: Construction Complete
SqFt Tot Bldg: 7500
Year Built: 2018
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: 7,500 SF Dollar General store, located in Lyons, GA. The property is encumbered with a Fifteen (15) Year Absolute NNN Lease, leaving zero landlord responsibilities. The lease contains four (5Yr.) options, each with a 10% rental rate increase. The lease is corporately guaranteed by Dollar General which holds an investment grade credit rating of ”BBB”. The store is under construction with rent scheduled to commence on 7/23/2018.
Status Change Info
Sold Price/SqFt: 165.33
Sold Price/Acre: 4960000
Status: Sold
Under Contract Date: 2019-01-01
Sold Date: 2019-01-16
Sold Price: $1,240,000
Financing
Cash: 1
Conventional: 1
Floors in Unit/Home
One: 1
Property Features
Financing: Cash; Conventional
Listing Office:
Elite Realty
Last Updated: October – 04 – 2024
Information deemed reliable but not guaranteed.