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32926665
32926652

27800 US HWY 27, LEESBURG, FL 34748-9005

ES
CA CA 02023977, AL AL 000160205 - 0
The ESS Group, Inc.
Listed by The ESS Group, Inc.
$1,776,393
26 days on market
Updated 5 days ago

Dollar Tree | 27,500 VPD | Early Lease Extension

Details
APN 142024000100000700
Property Type Retail
Sub Type Convenience Store, QSR/Fast Food (+1)
Square Footage 10,320
Net Rentable (SqFt) 10,320
Units 1
Cap Rate 6.1%
NOI $108,360
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Dollar Tree (+2)
Lease Type NN+
Lease Term 15
Lease Expiration 05/31/2033
Remaining Term 6.9
Rent Bumps Yes
Lease Options Four (5) Years Options
Year Built 2018
Stories 1
Acreage 63207.000
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 05/29/2018
Occupancy Date 05/29/2018
Ground Lease No

80k Five Mile Population | Rent Increase During Term | 38% Population Increase

Marketing description

This is an opportunity to acquire a 2018 build-to-suit single-tenant net lease asset backed by Dollar Tree Stores, Inc., a nationally recognized, publicly traded retailer. This 10,320 SF property sits on 1.46 acres along heavily traveled US Highway 27, benefiting from strong visibility and traffic counts of approximately 27,500 vehicles per day. The property features approximately 7 years remaining on an early renewed Double Net (NN) lease, demonstrating the tenant’s commitment to the location. Investors benefit from stable annual NOI of $108,360, with a rent increase scheduled for April 1, 2028, plus additional increases throughout the option periods. Landlord responsibilities are limited to roof and structure, supporting passive ownership. Positioned in a growing Central Florida retail corridor near The Villages, Orlando, and Tampa, the site is surrounded by national retailers, dense residential growth, and a strong consumer base. The 5-mile population exceeds 80,000, with more than 70,000 daytime employees in the trade area. This is a rare opportunity to secure a low-management retail investment with durable income, built-in rental growth, and long-term market fundamentals.

Investment highlights

  • 7 Years Remaining on the Lease Term
  • Early Lease Extention
  • Strong Corporate Guarantee
  • NN Lease - Minimal Landlord Responsibilities
  • Rare Rental Bump in 2028
  • 80,159 Population Within Five Miles
  • Strong Traffic Counts - 27,500 VPD
  • Multiple National Retailers Nearby
  • Florida Has No State Income Tax

Listing Contacts

ES
CA CA 02023977, AL AL 000160205 - 0
The ESS Group, Inc.
Listed by The ESS Group, Inc.

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$108,360.00
$9,030.00/mo

Valuation Metrics

0
DSCR
6.1%
Cap Rate
6.1%
ROI

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