1058 Berkeley Road, Auburndale, FL 33823 - retail-commercial property

Detailed information about retail-commercial property which situated in Auburndale (33823) city, Florida state on 1058 Berkeley Road.

Additional Information: The subject property has a 10-year corporate Family Dollar lease on double-net structure. (Landlord is responsible for roof and structure). There are 10 percent increases, automatic renewals and 5- 5 year Options. This is an ideal asset for any 1031 investor. Family Dollar Stores, Inc. was incorporated in Delaware in 1969 and all then-existing corporate entities became its wholly-owned subsidiaries. The company operates a chain of almost 6,000 retail discount stores in a 44-state area, providing low to lower-middle income consumers with a wide range of general merchandise at highly competitive prices in convenient neighborhood stores. The goods offered by the Company generally have price points that range from under one dollar to 10 dollars and include apparel, food, cleaning and paper products, home decor, beauty and health aids, toys, pet products, automotive products, domestic and seasonal goods. The company owns or leases and operates all of its retail discount stores located in 44 states of the United States.