204 Us-98Carrabelle, FL 32322

This exceptional investment opportunity presents a 10,500-square-foot Family Dollar and Dollar Tree combination store located at 204 US-98, Carrabelle, Florida, 32322. Built in 2023, this single-story building sits on a 2.08-acre lot and boasts 42 parking spaces. The property features a Net Lease (NN) structure with a corporate guarantee, ensuring consistent income. The current asking price is $2,746,154, representing a compelling $261.54 per square foot and a 6.50% capitalization rate. The property enjoys 100% occupancy, generating a Net Operating Income (NOI) of $178,500. The lease includes rent bumps, providing future income growth. The property is zoned for commercial use and benefits from a high volume of traffic on US Highway 98, with an estimated 5,900 vehicles per day. This investment-grade property offers a recession-proof and e-commerce resistant tenant, making it an attractive and stable addition to any portfolio. The property's APN is 20-07S-04W-4190-0002-0010. This is a single-tenant property with a 10+ year lease.