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INVESTMENT HIGHLIGHTS
Income Tax Free State The State of Florida does not have individual state income tax. This is a very attractive feature to net lease investors and lends itself to Florida being on of the most attractive states in the minds of net lease investors.
2025 Retrofit The Property is currently undergoing renovations, with rent expected to commence May 1st, 2025. The renovations include a brand new roof, resealing and re-striping the parking lot, and a full interior renovation.
Excellent Demographics and Visibility Within a 3-mile radius of the Subject Property, there is a population of 19,232 with an average household income of $95,578.
Strong Retail Corridor Within walking distance of the Property, there is a strong retail corridor with several nationwide-recognizable tenants including Publix, Zaxbys Chicken Fingers, McDonald's, 7-Eleven, Ace Hardware, and more.
Brand New Long-Term NNN Lease Dollar Tree is operating under a brand new, 10-year NNN lease with limited landlord responsibilities which provides potential investors with a truly passive asset.
Investment-Grade Tenant Dollar Tree, Inc. (NASDAQ: DLTR) is the country's largest single-price-point retailer and holds and investment grade S&P credit of BBB/Stable. In FY 2023, Dollar Tree reported revenues of $28.3 billion and a net income of $1.6 billion.
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