Palm Ridge Corner Apartments

Palm Ridge Corner Apartments | Lake City, FL


Sands Investment Group is Pleased to Present Exclusively For Sale the 4,707 SF Palm Ridge Corner Apartments Asset Located at 1380 East Duval Street in Lake City, FL. This Deal Includes Newly Renovated Units Located in an Area That Has a High Demand For Rental Housing and New Development, Providing For a Unique Investment.

  • All Units Renovated 2022 / 2023
  • Mini Split AC Systems in All Units (Installed 2022)
  • City Sewer / City Water
  • Laundry Room Onsite
  • New Roof Installed in 2023
  • Fully Stabilized Asset
  • Lake City is Located Off I-10 and I-75 Intersection; Major Travel Routes to Jacksonville, Valdosta, and Tallahassee
  • Numerous Employment Opportunities in the Area; Property is Close Proximity to Walmart, Major Hotel Brands, Major Food Chains, Large RV Dealers
  • Area Experiencing Increased Demand For Rental Housing and New Development

In Cooperation With SIG RE Services, LLC – Lic. #CQ1055229 BoR: Andrew Ackerman – Lic. FL #BK3369953

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Kid City USA NNN

Kid City USA | Lake City, FL


Sands Investment Group is Pleased to Present Exclusively For Sale 6,054 SF Kid City USA NNN Asset Located at 1290 SE Baya Drive in Lake City, FL. This Deal Includes a Long-Term 15 Year Triple Net (NNN) Lease With Zero Landlord Responsibilities, Providing For a Secure Investment.

  • Long-Term 15 Year Triple Net (NNN) Lease With Zero Landlord Responsibilities
  • Kid City USA Has Been in Business For More Than 20 Years With 120+ Locations; They Are Rapidly Expanding Due to the Quality of Their Programs
  • At the Junction of Two Major Highways in North Florida; I-75 and I-90, Lake City is a 1 Hour Drive From Jacksonville International Airport and Gainesville Regional Airport
  • Florida is an Income Tax-Free State
  • Nearby Feeder Elementary Schools Include: Eastside Melrose Park, Niblack, Summars and Five Points
  • The Property is Ideally Situated Near the Downtown of the City With Major Frontage and Exposure
  • Many National Nearby Tenants Include: Walmart Supercenter, Home Depot, Lowe’s, Publix, Chick-fil-A, McDonald’s, Starbucks, Taco Bell, Panera Bread, CVS and Walgreens

In Cooperation With SIG RE Services, LLC – Lic. #CQ1055229 BoR: Andrew Ackerman – Lic. FL #BK3369953

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Dollar General NN Asset

Dollar General | Lake City, FL


Sands Investment Group is Pleased to Present For Sale the Dollar General NN Asset Located in Lake City, Florida. This Property Provides a Corporate Guaranteed Investment in an Income Tax-Free State. Landlord is Reimbursed By Tenant For Property Taxes and Insurance and Tenant Pays Landlord Monthly Fee For Common Area Maintenance. This Property is Located Across the Street From Columbia High School, Which is a Major High School With Approximately 2,000 Students, Providing For a Secure Investment.

  • Dollar General (NYSE: DG) Operates Over 18,130 Stores and Plans to Add an Additional 1,000 By 2025; DG Has a S&P Credit Rating of BBB
  • High-Performing Store, in the Top 15% of All Dollar Generals in the State of Florida Per Placer.ai
  • Rent Structure That is Approximately 40% Below New Builds
  • Scheduled Total Cumulative Rent Increases of Over 30% Over Next 15 Years; Strong Investment to Hedge Against Inflation
  • Property is Across the Street From Columbia High School, a Major High School With Approximately 2,000 Students
  • Property is Strategically Located on Route 41 With Close Proximity to I-75 Exits; The Site Sees Approximately 12,345 VPD
  • Strong Demographics With an Average Household Income of $64,052 Within a 5-Mile Radius
  • Highly Desirable, Income Tax-Free Florida Asset
  • Located One Hour West of Jacksonville, FL and 30-Miles South of Georgia/Florida Border
  • Nearby Attractions Include: Alligator Lake Park and North Florida Speedway Offering Fishing, Hiking, Canoeing and Entertainment Which Brings Many People to the Area

In Cooperation With SIG RE Services, LLC Lic. # CQ1055229

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Modified Gross Medical

Lake City Cancer Care | Lake City, FL


Sands Investment Group is Pleased to Present Exclusively For Sale the 6,769 SF Lake City Cancer Care Modified Gross Medical Located at 4520 U.S. Highway 90 in Lake City, Florida. This Deal Includes Single Tenant Medical Building, With Over 7 Years Remaining on the Lease Term. Starting in 2023, There Are 2% Annual Increases, Providing For a Secured Investment.

  • Single Tenant Medical Building, With Over 7 Years Remaining on the Lease Term
  • Starting in 2023, There Are 2% Annual Increases
  • Lake City Cancer Care Has Occupied the Space Since 2004 and Are Leased Through 2029
  • Recession, Pandemic and Internet Proof Tenant
  • Lake City Cancer Care is Affiliated With Lake City Medical Center, a 91-Bed Acute Care Hospital and Has a Total Revenue of $941,133,427
  • Located in a Dense Medical Corridor, 1-Mile Away From Lake City Medical Center
  • Very Strong 1-Mile Radius Demographics, Showing a 4.70% Population Growth Over the Next 5 Years
  • Demographics Include a Population of 29,938 Residents Making an Average Household Income of $67,784 Within a 5-Mile Radius
  • Nearby Tenants Include: Family Dollar, O’Reilly Auto Parts, Goodwill, Honda, Chrysler Dodge Jeep Ram, Chevrolet, Dollar General, Tractor Supply Co., Chevron and Many More

In Cooperation With SIG RE Services, LLC Lic. # CQ1055229

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multi tenant medical center

Westwood Towers Medical Center | Lake City, FL


Sands Investment Group is Pleased to Present Exclusively For Sale the 18,404 SF Multi Tenant Medical Center Located 2809 SW Stonegate Terrace in Lake City, Florida. This Deal Includes a 100% Occupied Medical Center With 5 High Quality Tenants, Providing For a Secure Investment.

  • 100% Occupied Medical Office Building With Five (5) Tenants Located Within “The Gateway to Florida”
  • Highly Specialized Tenants Provide For a Secure Investment
  • Opportunity For Upside Via Converting Two of the Leases to Triple Net (NNN)
  • The Center is Anchored By Cancer Care and Urology of North Florida, Which is Lake City’s Leading Oncologist Group
  • Internet, Recession and Pandemic Proof Tenants
  • Tenants All Require Expensive Build-Outs and Specific Equipment, Making Relocation Costly and Unlikely
  • Center is Situated 1-Mile From Interstate 75 Which Sees Over 45,673 VPD
  • Annual Population Increases Projected to Continue to Be Well Over the National Average
  • Nearby Tenants Include: Subway, Goodwill, Family Dollar, Dollar General, Dick’s Sporting Goods, IHOP, Chick-fil-A, Olive Garden and More

In Cooperation With SIG RE Services, LLC – Lic. # CQ1055229

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