Fernandina Beach, FL 32034,941300 Old Nassauville RD

$1,604,547

$1,978,866

18.9%
Est.Price: ?

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Est. payment /mo

9,100 SqFt


SOLD DATE : 02/27/2019

Key Details

Sold Price $1,604,547

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 9,100 sqft

Price per Sqft $176

MLS Listing ID GC422923

Sold Date 02/27/19

HOA Y/N No

Year Built 2019

Lot Size 1.790 Acres

Acres 1.79

Property Description

This is a brand new location on State Road 107 with Average Daily Traffic of 8,500. 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 Nassau

Exterior

Roof Type Metal

Building

Lot Description Other

Lot Size Range 1 to less than 2

Others

Acceptable Financing Other

Listing Terms Other

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Stellar MLS
Listed by Swift Creek Realty
Bought with Swift Creek Realty
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