Dollar General Market
Single-Tenant Offerings
Dollar General Market
804 Bowery Lane
Folkston (North of Jacksonville, FL), GA
- Price:
- $2,448,000
- Cap Rate:
- 6.50%
- NOI:
- $159,132
- Rentable SQFT:
- 12,480 SF
- Year Built:
- 2025
- Lot Size:
- 1.403 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Available
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Relocation and Expansion of Existing High-Performing Store
- Rare 5% Rental Increases Every 5 Years Throughout the Base Term and Options
- Upgraded Market Store, Larger Format with Expanded Produce/Grocery Offerings
- Investment Grade Credit Tenant, Rated ‘BBB’ by S&P
- Largest Retailer in the U.S. with 20,376+ Stores
- Brand New 2025 Construction on Oversized Parcel
- Highly Visible Along Major North/South Artery, Direct Access to Downtown Jacksonville, FL
- Adjacent to the Okefenokee National Wildlife Refuge with 600,000+ Annual Visitors
- Close Proximity to Osceola National Forest with Millions of Visitors Annually
- West of Kings Bay Naval Submarine Base with a Population of 60,000+
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