Dollar General Jacksonville MSA NNN Recent Construction
Absolute NNN-Downtown Jacksonville-Corner Site
Marketing description
Introducing an exclusive opportunity in the heart of downtown Jacksonville, Florida, the Dollar General Property at 1050 East 8th Street presents a prime investment in a high-traffic area poised for growth. Featuring a single-tenant net lease with Dollar General, this property offers a solid NNN lease with an investment-grade corporate guarantee and a solid remaining lease term, approximately 12.5 years lease term remaining.
Situated amid a backdrop of urban revitalization and development, this location is a rare find in downtown Jacksonville, surrounded by major attractions such as the VyStar Veterans Memorial Arena, Daily's Place, and TIAA Bank Field. With excellent visibility and access from E. 8th Street and Florida Avenue, the property boasts a strategic position in a bustling commercial area.
Benefiting from a population of over 335,000 within a 7-mile radius and close proximity to major roadways, this investment opportunity promises a steady flow of customers and business potential. Don't miss out on this chance to own a versatile commercial property in a thriving market. Contact us for more information.
Investment highlights
- Located in an area of revitalization and renewal, Corner site with Excellent Visibility
- Downtown Jacksonville Historic Area, Near Jacksonville’s Business Core
- 173’ of Frontage on E. 8th St. (3,400 AADT) and 323’ of Frontage on Florida Ave. (1,900 AADT). The speed limit on both streets is 30 MPH.
- Incredible location with surrounding traffic generators, including: Jaxport, Vystar Veterans Memorial Arena, Daily's Place, and TIAA Bank Field.
- Jacksonville is on Forbes Best Places to Retire (2022) and many lists as one of the nation's (and Florida's) fastest growing places.
- Population of 335,269 and 138,742 Households in a 7 Mile Radius
- Built and opened in November 2022
- Investment-grade corporate guarantee and a solid remaining lease term (approximately 12.5 years)
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