Shop n’ Save | Harvey’s Super Market Portfolio

Agent Info

Deno Bistolarides

248.702.0288
denob@encorereis.com

Brandon Hanna

248.702.0290
bhanna@encorereis.com

Ryan Vinco

248.702.0299
ryan@encorereis.com

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Offering Information

3212 SE State Rd 21
Melrose, FL 25401

  • Price: $5,065,000
  • Cap. Rate: 8.36%
  • NOI: $423,400
  • Building Size: SF
  • Lot Size: AC

Investment Highlights

  • Double Net Lease - Minimal Landlord Responsibilities
  • 20 Year Original Lease Term
  • National Tenants Nearby Include: Dollar General, Dollar Tree, Walgreens,CVS, Wendy’s, USPS, McDonald’s, Etc.
  • Average Household Income Exceeds $65,000 Within a 3 Mile Radius
  • 4% expected Population Growth by 2022
  • Strong Sales North of $12.5 Million - Contact Agent to Discuss
  • Population Exceeds 56,650 with in a Five Mile Radius with 6.87%Projected Population Growth by 2022
  • Located on a Busy Retail Corridor - Traffic Counts Exceed 21,500 VPD