Listed by Ripco Real Estate
$1,910,800
Dollar General
Details
APN 027002-0100
Property Type Retail
Sub Type Convenience Store, Storefront
Square Footage 9,100
Cap Rate 6.50%
NOI $124,202
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Expiration 10/31/2030
Remaining Term 4.3
Rent Bumps Yes
Lease Options Four (4) five (5) year options with 10% increases in each option
Price per SqFt $210
Year Built 2010
Buildings 1
Stories 1
Acreage 1.260
Zoning CCG-2 - Commercial Commercial/General-2
Parking Spaces 33 spaces
Parking per 1,000 SqFt 3.63
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 03/16/2010
Ground Lease No
Ownership Fee Simple
Dollar General, Jacksonville, FL | Absolute NNN
Marketing description
Freestanding listing at Dollar General, Jacksonville, Florida 32208.
Investment highlights
- Dollar General, established in 1939, now has over 20,000 locations in 48 states
- In 2025, Dollar General was ranked #112 in the Fortune 500 list
- Dollar General is opening 450 new stores in 2026, renovating 4,250 existing stores, while an additional 20 locations will be relocated
- Corporate, Absolute NNN Lease with no landlord responsibilities
- Dollar General executed an early lease extension in 2023; bumping rent by 7.50%
- 4.3 years remain on the current lease term
- Dollar General has four (4), five (5) year options with 10% increases in each option
- Located on dense neighborhood corridor with over 31,000 households within a 3-mile radius of the site
- 191' of frontage on Edgewood Ave W; benefiting from 19,100 vehicles per day
- Notable nearby national retailers include O'Reilly Auto Parts, Family Dollar, Wells Fargo Bank, Burger King, Taco Bell, Checkers, Save A Lot, & Walgreens
- 75,928 population within a 3-mile radius
- $55,789 average household income within a 3-mile radius
Listing Contacts
Listed by Ripco Real Estate
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$124,202.00
$10,350.17/mo
Valuation Metrics
0
DSCR
6.5%
Cap Rate
6.5%
ROI
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