Dollar General NNN Property For Sale — Lake City, FL
2181 Co Rd 252B, Lake City, FL 32024
An exceptional opportunity to acquire a Dollar General property with a proven track record and strong market fundamentals. The tenant recently exercised an early lease option, underscoring their commitment to this high-performing location. This store ranks in the top 76th percentile in Florida and 83rd percentile nationally for customer visits. The property boasts a large 9,436 square foot building on a 1.51-acre parcel, strategically located at the corner of State Road 247 and County Road 252B, benefiting from ideal demographics. Dollar General (NYSE: DG) is a Fortune 500 company with an investment-grade credit rating (S&P: BBB), providing a secure income stream for investors. With over 21,000 stores nationwide and continued expansion plans, Dollar General represents a stable and growing…
- Address: 2181 Co Rd 252B, Lake City, FL 32024
- Asking price $1.79M
- 6.35% cap rate
- NOI $113,665
- 5.3 years remaining
- NNN lease
- Building size: 9,436 SF
- Lot size: 1.51 acres
- Rent increases: Rent bumps in each option
- Guarantor: Corporate
Location
This Dollar General property is at 2181 Co Rd 252B in Lake City, Florida.
Asset type: Discount Retail