12909 N 56th St
Tampa, FL 33617
Dollar General · Office Property For Sale

Marcus & Millichap is pleased to exclusively offer for sale this Dollar General in Tampa, Florida. Built in 2014 and with more than 10 years remaining on its corporately guaranteed lease, this property is well positioned as a stable, long-term investment. Tampa has been highlighted nationally as one of the fastest growing markets in the country and nearby University of South Florida has expanded into the largest public university in the State of Florida with more than 50,000 enrolled students. This Dollar General is perfectly situated just one-half mile from the University of South Florida, which is located in the heart of Tampa. Positioned near the intersection of North 56th Street and Fowler Avenue, the subject property is surrounded by student housing and apartments totaling approximately 3,000 units within a one-mile radius. Dollar General has built an impressive track record of growth in which net sales rose 9.2 percent in 2018. This Dollar General includes over 15,000 stores in 44 states. Their continued growth and track record of success has earned Dollar General respect among some of the nation's largest financial institutions. The Temple Terrace area of Tampa is one of the oldest and most established municipalities in Tampa Bay. With the University of South Florida as its northern boundary, Temple Terrace is a clean, diverse area. The city is strategically positioned between three major interstates: Interstate 4, Interstate 75, and Interstate 275. It is well-located near other municipalities and attractions including Busch Gardens, Adventure Island and the Museum of Science and Industry and downtown Tampa which is undergoing a $3 Billion-dollar expansion. The development in downtown Tampa is known as Water Street, which is expected to bring several hundred thousand residents to the Tampa Bay market over the next decade.