14837 NORMANDY Boulevard, Jacksonville, FL 32234
$1,900,000
Property Type:
Commercial Sale
Square Footage:
9,100
Lot Size (sq. ft.):
141,570
Status:
Closed
Current Price:
$1,900,000
List Date:
8/30/2017
Last Modified:
1/11/2025
Description
Newly constructed Dollar General store located in Jacksonville, Florida. This property is located along a main road with great visibility. Dollar General has guaranteed a new 15-year NNN lease with Four 5-year options with 10% increases. Tenant is responsible for all expenses and maintenance at the property including taxes and insurance. Dollar General corporately guarantees the lease and is an Investment Grade Tenant with an S&P rating of BBB. This passive investment offers buyers a secure investment with no management responsibilities and rent guaranteed by a stable, recession-proof tenant.
More Information MLS# 899419
Contract Information
Current Price: $1,900,000
Sold Price: $1,900,000
Status: Closed
Listing Contract Date: 2017-08-30
Property Sub Type: Mixed Use
Location Tax and Legal
Street Number: 14837
Street Name: NORMANDY
Street Suffix: Boulevard
County: Duval
State: FL
Postal Code: 32234
MLS Area Major: 065-Panther Creek/Adams Lake/Duval County-SW
General Property Information
Building Area Total: 9100
Building Area Source: Plans
Year Built: 2017
Lot Size Acres: 3.25
Water Body Access YN: No
Waterfront YN: No
Stories Total: 1
Directions: From 295, exit onto Normandy Blvd. Travel West on Normandy Blvd approx 11.67 miles. Property is on the right.
Public Remarks: Newly constructed Dollar General store located in Jacksonville, Florida. This property is located along a main road with great visibility. Dollar General has guaranteed a new 15-year NNN lease with Four 5-year options with 10% increases. Tenant is responsible for all expenses and maintenance at the property including taxes and insurance. Dollar General corporately guarantees the lease and is an Investment Grade Tenant with an S&P rating of BBB. This passive investment offers buyers a secure investment with no management responsibilities and rent guaranteed by a stable, recession-proof tenant.
List Price/SqFt: 208.88
Sold Price/SqFt: 208.79
Status Change Information
Major Change Timestamp: 2017-09-19T19:42:08Z
Major Change Type: Status Change
Purchase Contract Date: 2017-09-15
Close Date: 2017-09-15
Close Price: 1900000
Historical Information
Public Historical Remarks 1: Road Surface: Asphalt Road, Possible Financing-1031 Exchange: Y, Tenant Expenses-Signage: Y, Approx. Total SqFt: 0.00
Public Historical Remarks 2: Number of Buildings: 1 Building
Public Historical Remarks 3: Current Zoning: Commercial
Property Features
Construction Materials: Frame
Current Use: Commercial; Retail
Flooring: Concrete
Heating: Central
Listing Terms: Cash; Conventional
Possession: Subject To Tenant Rights
Roof: Metal
Sewer: Public Sewer
Tenant Pays: All Utilities; Common Area Maintenance; Exterior Maintenance; Insurance; Janitorial Service; Roof; Taxes
Water Source: Public
Listing Office: SWIFT CREEK REALTY & INVESTMENT CORP.
Last Updated: January - 11 - 2025
Information deemed reliable but not guaranteed.