Dollar General Market
Single-Tenant Offerings
Dollar General Market
29 NE 300th St.
Cross City, FL
- Price:
- $2,468,000
- Cap Rate:
- 6.40%
- NOI:
- $157,932
- Rentable SQFT:
- 12,480 SF
- Year Built:
- 2024
- Lot Size:
- 1.834 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Under Contract
Investment Highlights
- 15-Year Absolute Net Lease, Zero Landlord Responsibilities
- Rare 5% Increases Every 5 Years Throughout Base Term and Option Periods
- Upgraded Market Store, Larger Format with Expanded Produce/Grocery Offerings
- Investment Grade Credit Tenant Rated ‘BBB’ by S&P
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Dollar General is Nation’s Largest Retailer with 19,700+ Stores
- New Construction with Partial Brick Storefront on an Oversized Parcel
- Serving Approximately 20,000 Residents in Growing Dixie County
- Underserved Retail Market, High Need for Goods and Services
- Strategic Location, Nearest Dollar General Market Store is Over 32 Miles Away
- Highly Visible Along Major North/South Artery with 10,400 Cars/Day, Direct Access to Tallahassee and St. Petersburg
- Southeast of Apalachicola National Forest with 2.7 Million Annual Visitors
- Close Proximity to Osceola National Forest, Manatee Springs State Park, and Fanning Springs State Park
- No State Income Tax, Florida is the Highest Net Domestic Migration/Growth State in the U.S.
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