Family Dollar

• Proactive 10-Year Lease Extension: Showcasing strong corporate dedication to this site, Family Dollar recently executed a full 10-year lease extension ahead of their original December 2027 expiration. This secures guaranteed, uninterrupted cash flow for the investor through December 31, 2037.
• Prime 1031 Exchange Opportunity: Offering over a decade of firm term remaining in an income-tax-free state, this property is a highly stable, hands-off asset perfectly suited for a 1031 exchange buyer seeking reliable, long-term yield.
• High-Yield 7.00% Cap Rate: The property is strategically offered at a highly attractive 7.00% capitalization rate. It provides a strong return on a flat, guaranteed annual base rent of $112,200.00 ($9,350.00 per month) for the duration of the extended 10-year term.
• Built-In Rent Growth & Future Upside: The lease features four (4) remaining 5-year renewal options. Investors will benefit from significant, scheduled rent increases at the start of each of these extended terms—growing the annual rent to $164,272.08 by the fourth option—which serves as an excellent hedge against inflation.
• Captive Interlachen Consumer Base: Strategically located at 109 S County Road 315 in Interlachen, FL, the property serves as an essential retail hub for this rural, lake-dense Putnam County community. With limited local commercial competition, the store effectively captures daily-needs traffic from residents who would otherwise have to commute to larger cities like Gainesville or Palatka.
• Corporate-Backed Security: The lease is officially guaranteed by Family Dollar Stores of Florida, LLC, offering the financial backing, reliability, and peace of mind of a nationally recognized, essential discount retailer.