520 University Ave Archer, FL 32618

This exceptional investment opportunity presents a freestanding Family Dollar store located at 520 N University Ave, Archer, FL 32618. The property boasts 8,000 square feet on a 1.12-acre lot and is currently operating at 100% occupancy under a Net Lease agreement. The tenant, Family Dollar, is backed by a corporate guarantee, providing significant security for the investor. The lease commenced February 1, 2011, and has a remaining term of approximately 6.2 years, with three 5-year renewal options extending the lease to January 31, 2031. The property generates a substantial net operating income (NOI) of $122,537, resulting in an attractive 7.56% cap rate. The asking price is $1,620,000, translating to a price per square foot of $202.50. This property benefits from a high-traffic count in the immediate vicinity and a strong average household income within a 5-mile radius. The minimal landlord responsibilities associated with the Net Lease structure make this an ideal low-maintenance investment. Located just 16 miles from Gainesville, FL, this Family Dollar store offers a compelling combination of strong tenant performance, favorable lease terms, and a desirable location. This is a rare opportunity to acquire a stable, high-performing retail asset with significant long-term potential.