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33291972
33291965

5407 County Road 23C, Macclenny, FL 32063

AD
NC NC 317771
Berkeley Capital Advisors Charlotte
RF
NC 280948
Berkeley Capital Advisors Charlotte
Listed by Berkeley Capital Advisors Charlotte
$2,911,000
4 days on market
Updated 2 days ago

Dollar General

Details
Property Type Retail
Sub Type Convenience Store
Square Footage 10,640
Cap Rate 6.00%
NOI $174,636
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 05/31/2041
Remaining Term 15
Rent Bumps Yes
Lease Options Five, 5-Year
Price per SqFt $274
Broker Co-Op True
Class B
Year Built 2026
Buildings 1
Acreage 2.010
Zoning Commercial
Parking Spaces 54 spaces
Parking Per SqFt 5.08
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 06/01/2026
Ground Lease No

Brand New 2026 Construction | Corporate Lease | Zero Landlord Responsibilities

Investment highlights

• Brand new 2026 construction

• Absolute Net lease | Zero landlord responsibilities

• Desirable lease term with rental growth in primary term | 15-year term and 5% increases every 5 years

• Corporate lease | Dolgencorp, LLC | 20,274 locations across the US & Mexico

• Affluent surrounding area | $105,637 average household income within three miles

• Stable population growth within a 10-minute drive | 14.91% growth since 2010

• Located near a Walmart distribution center | $152 million investment | 871K SF facility | 550+ employees in initial phase | Major logistics hub supporting store distribution across Florida, Georgia, and South Carolina

• 5 minutes from Ed Fraser Memorial Hospital | 89 beds

• 10 minutes from Baker County High school | 1,430 students

• 30 minutes from Cecil Airport | Supports military operations, defense contracting, corporate aviation, and general aviation activity

• 35 minutes from downtown Jacksonville

• Nearby destination retailers | Walmart Supercenter, Tractor Supply Co., Starbucks, McDonald’s, Dunkin’, KFC, Zaxby’s, Taco Bell, Burger King, Hardee’s, Domino’s, Pizza Hut, Subway, Murphy USA, and more

Listing Contacts

AD
NC NC 317771
Berkeley Capital Advisors Charlotte
RF
NC 280948
Berkeley Capital Advisors Charlotte
Listed by Berkeley Capital Advisors Charlotte

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$174,636.00
$14,553.00/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

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