Duong Investment Group

Dollar General for Sale

3102 Country Road 220, Middleburg, FL 32068

Property Description

Price: $1,785,000
Price Per/SF: $198.29
Land Area: ±1.56 Acres
Cap Rate: 6.00%
Gross Leasable Area: ±9,002 SF
Year Built: 2014

Investment Highlights

Prime Corporate Dollar General Location – High Quality 2014 Construction with Excellent Curb Appeal

Corporate-Guaranteed Dollar General with Absolute NNN Lease with Zero Landlord Responsibilities

Subject Property Boasts a Large ±1.56-Acre Lot

Zero Landlord Responsibilities

  • Absolute NNN Property with Zero Landlord Responsibilities – Ideal for Investors Not Local to the Market
  • Dollar General Has Proven to Be a Strong Tenant for the Past Decade, Underscoring the Robustness of Its Location
  • Dollar General (NYSE: DG) is the Largest Dollar Store Brand in the United States, with more than 19,000 Stores in 48 States and Nearly 160,000 Employees

Strong Real Estate Fundamentals

  • The Greater Jacksonville MSA has a Population of over 1,605,848, Making it One of the Most Populous Areas in Florida
  • Strategic Location Situated on a High-Traffic Thoroughfare with ±18,600 Cars Per Day
  • Close Proximity to the Area’s Main Retail Corridor Which Includes Tenants such as Walmart (Supercenter), Lowe’s, Chick-fil-A, ALDI, Home Depot, and Many More
  • Strong Retail Location that Benefits from its Family-Friendly Area: Close Proximity to the Area’s Major Schools Middleburg High School (1,700+ Students), Coppergate Elementary (500+ Students), and Including RideOut Elementary (500+ Students)

Broker of Record: Ryan Nee, Lic #: BK3154667

Contact Information

Ron Duong
Senior Managing Director Investments
Senior Director, National Retail Group
(949) 419-3233
License: CA 01438643

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