Property History
SRS Capital Markets is pleased to exclusively list for sale the Dollar General in Winter Haven, Florida.
The subject property is 9,100 sq. ft. build to suit on over an acre of land in the heart of Winter Haven, Florida.
Dollar General has been at this location for over 20 years, and recently extended their lease and increased their rents by 10% demonstrating their commitment to the site. There are just under 4 years remaining on the double net lease with an additional (3) options to renew the lease.
The landlord is responsible for major repairs above $1,000, roof, structure, parking lot, and HVAC units. The owner recently repaved and restriped the entire parking lot in 2024. The tenant is responsible for all minor repairs below $1,000, HVAC maintenance, real estate taxes, insurance, and contributes an additional $380/ month toward “CAM”.
Winter Haven, Florida has been ranked Top 3 Fastest Growing Cities in the country (Quicken Loans), and has a projected population growth of over 20% in the next 5 years. There are more than 105,000 residents and 71,000 employees support the trade area within 5 miles, and there is an average of 30,000 vehicles passing the site each day. The subject property is adjacent to a major Home Depot big box store, an O’Reilly, and near other major national tenants. This is an irreplaceable location for Dollar General in this supply constricted market, where many national tenants compete for locations like this one. This DG is paying below market rents at $14 sq. ft. vs. $19 sq. ft.
Recent 5 Year Extension| Corporate Guaranteed | Established Brand
NN Leased | Fee Simple Ownership | Limited Landlord Responsibilities
Situated Along 8th St NW (33,000 VPD) | Dense Retail Corridor | Ideally Next to Home Depot Anchored Center
Local Demographics in 5-mile Trade Area | Direct Consumer Base | Winter Haven
Loan History
Financial History
Tax History
Contact Information
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