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SOLD: 607 N. Central Ave.

$1,540,000

Umatilla, Florida

1.52 Acres

PROPERTY DETAILS

Property Type: Commercial Investment, Retail

Location: 607 N Central Ave, Umatilla, Florida 32784

County: Lake


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.

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.

Description: PIN: 121826060001400500
Zoning: C-1; C-2
CAP rate: 7.25%

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