Property profile

10305 Longoria Pl Sebring, FL 33876

OFF-MARKET
Retail properties & Spaces
9,100 SF 1.5 ac lot Built 2016
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 9,100 square foot Dollar General store in Sebring, Florida, on a 1.5-acre lot. The property boasts a strong 6.75% cap rate and a substantial net operating income (NOI) of $115,637. Built in 2016, this fee-simple property features a recently remodeled (June 2023) building with brick and EIFS stucco exterior. The absolute NNN lease with Dollar General Corporation provides zero management responsibilities, with the tenant covering all operating expenses, insurance, and property taxes. The lease, commencing January 11, 2016, has a remaining term of approximately 6.2 years, with four to five five-year options including 10% rent increases. The property includes 30 parking spaces and is strategically located near the Buttonwood Bay 55+ community (1,000+ units) and the renowned Sebring International Raceway. Strong demographics further enhance this investment's appeal, with a 3-mile radius boasting an average household income of $94,518 and a growing population. This is a rare opportunity to acquire a well-located, high-performing retail property with a secure, long-term lease. The property's address is 10305 Longoria Place, Sebring, FL 33876, and its APN is C-34-35-29-060-0000-0030. The asking price is $1,713,141.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2016
Total area 9,100 SF
Lot 1.5 ac (65,340 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

10305 Longoria Pl Sebring, FL 33876
Sebring metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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