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$1,800,000
Est. payment /mo
13,872 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 13,872 sqft
Price per Sqft $129
Subdivision Youngs Bartow Plaza Condo Com
MLS Listing ID P4939435
HOA Y/N No
Year Built 1983
Annual Tax Amount $6,516
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Retail
Source Stellar MLS
Property Description
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.
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.
Location
State FL
County Polk
Community Youngs Bartow Plaza Condo Com
Area 33830 - Bartow
Interior
Cooling Central Air
Exterior
Water Access No
Building
Story 1
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Structure Type Concrete
New Construction false
Others
Ownership Condominium
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/P4939435
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Listed by Joshua Taylor VILLAGE REALTY OF WINTER HAVEN