Active

$1,800,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 13872 sq ft
Overview
  • ID: MFRP4939435
  • Bedrooms:
  • Bathrooms: 0
  • Size: 13872 sq ft
Property Details
Remarks
Excellent opportunity to acquire a commercial condominium occupied by a long-term Dollar Tree tenant. The property is secured by a triple-net lease running through May 2030, offering an attractive investment with limited landlord responsibilities and dependable rental income from a nationally recognized retailer. Additional options run through 2030-2035 with an 11% increase in rent and another through 2035-2040 with an additional 10% bump! Located in bustling Bartow, the property benefits from continued growth and new development throughout the surrounding area. Nearby projects include expanding commercial centers, residential communities, and multifamily developments, all contributing to increased traffic, population growth, and long-term demand. This property is well suited for investors seeking a truly passive, stable, income-producing commercial asset with an established tenant, favorable lease structure, and a strategic location in one of Polk County’s growing markets.
Financial Considerations
Price:
$1,800,000
HOA Fee:
N/A
Tax Amount:
$6516.61
Price per SqFt:
$129.76
Tax Legal Description:
YOUNG'S BARTOW PLAZA CONDOMINIUM COMPLEX OR 7991 PGS 417 THRU 449 UNIT 1370 & AN UNDIVIDED INT IN THE COMMON ELEMENTS
Exterior Features
Lot Size:
3219
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
One
Additional Features
Property Sub Type:
Retail
Style:
N/A
Year Built:
1983
Construction Type:
Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    1370 N BROADWAY AVE
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