Juan Calvo Acquires Dollar General Retail Property In Florida City For $2.3M

Dollar General has sold a retail property in Florida City for $2,326,000. The property, located at 580 Southwest 344th Street, is approximately 9,100 square feet, resulting in a price per square foot of $256. The transaction occurred on May 31, 2023, at a cap rate of 6.75%.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $2,326,000
• Address: 580 Southwest 344th Street
• Market: Florida City
• Square Feet: 9,100
• Price per Square Foot: $256
• Cap Rate: 6.75%

The buyer, Juan Calvo, acquired the property from Dollar General. Jonathan De LaRosa of Marcus & Millichap represented the buyer in the transaction, while Don McMinn, also from Marcus & Millichap, represented the seller.