5787 Fl-4 Baker, FL 32531
Florida Retail Property, Strong ROI
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- 2023-built, 10,640 SF Dollar General in Florida's Panhandle, opened November 2023.
- Located in Florida, a tax-free state experiencing rapid population growth.
- Crestview, FL, "Hub City" of Northwest Florida, situated near major highways and 10 minutes from a retail corridor anchored by national tenants.
- 30-minute proximity to the Emerald Coast (Fort Walton Beach/Destin MSA), attracting 7 million annual tourists; 45 minutes from Pensacola.
- 14-year remaining corporate NNN lease with Dollar General, including 10% rent increases every five years; tenant responsible for all expenses (taxes, insurance, roof, structure).
- Investment-grade tenant: Dollar General (NYSE: DG), Fortune 500 company with over 20,000 locations and an S&P BBB rating.
Property Details for 5787 Fl-4
- Property type
- Retail properties, Retail space
- Square Feet
- 10,640 SF
- Year Built
- 2024
- Lot Size (sq. ft)
- 60,984 SF
Location Insight
- City
- Baker
- County
- Okaloosa
- State
- Florida
- Latitude
- 30.7956628
- Longitude
- -86.6816362
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Florida Retail Property, Strong ROI
- Where is the retail property located?
- The property is located at 5787 Fl-4 Baker, FL.
- What is the asking price?
- The asking price for this property is $2,184,000.
- What are key features of this property?
- This property features: 2023-built, 10,640 SF Dollar General in Florida's Panhandle, opened November 2023.; Located in Florida, a tax-free state experiencing rapid population growth.; Crestview, FL, "Hub City" of Northwest Florida, situated near major highways and 10 minutes from a retail corridor anchored by national tenants.
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