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Dollar General 1310 N Highway 29 9,100 SF Retail Building Cantonment, FL 32533 $1,426,657 ($156.78/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- INVESTMENT-GRADE TENANT COMMITMENT
- ESSENTIAL RETAILER WITH NATIONWIDE PRESENCE
- ABSOLUTE NNN LEASE STRUCTURE
EXECUTIVE SUMMARY
The property is leased on an absolute NNN basis, requiring the tenant to pay all real estate taxes, insurance, maintenance, and repairs. This true “hands-off” structure ensures investors have no landlord responsibilities. The lease includes a 15-year primary term with five five-year renewal options, offering long-term stability and predictable income.
This offering presents an opportunity to acquire a mission-critical retail asset leased to an essential retailer with a proven track record of resilience across economic cycles. The combination of corporate-backed credit, an absolute NNN lease, and reliable rent growth makes this property a highly attractive, truly passive investment opportunity.
PROPERTY FACTS
AMENITIES
- Freeway Visibility
- Pylon Sign
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
- -
- -
- Triple Net
- Jul 2030
DG is proud to be America’s neighborhood general store. They strive to make shopping hassle-free and affordable with convenient, easy-to-shop stores all across the states. DG's stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands. From serving their customers with value and convenience and their employees with career opportunities to serving the communities they call home through literacy and education, Dollar General has been committed to its mission of Serving Others since the company’s founding in 1939.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Retailer | - | - | Triple Net | Jul 2030 |
PROPERTY TAXES
| Parcel Number | 03-1N-31-1102-000-002 | Improvements Assessment | $462,493 |
| Land Assessment | $54,720 | Total Assessment | $517,213 |
PROPERTY TAXES
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Dollar General | 1310 N Highway 29
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