Dollar General 1610 Edgewood Ave W 9,100 SF Retail Building Jacksonville, FL 32208 $1,910,800 ($209.98/SF) 6.50% Cap Rate

RIPCO Real Estate is pleased to offer for sale 1610 Edgewood Ave W, Jacksonville, FL, a single tenant, absolute NNN asset leased to Dollar General. Built in 2010 to Dollar
General’s exacting specifications, this 9,100 square foot store aligns with the company’s preferred footprint, allowing for an expanded product selection to optimize
performance. With 4.75 years of lease remaining, the property offers stable income with upside in the next option period.
The property sits on a strategic 1.26-acre parcel featuring 191 feet of frontage along Edgewood Avenue W. Located in a dense neighborhood retail corridor, this
Dollar General benefits from strong community demand and minimal opportunity for new competitive development. Edgewood Ave W experiences consistent traffic
volumes exceeding 19,000 vehicles per day, providing strong visibility and sustained customer exposure. The site is supported by dense demographics, particularly
strong for a dollar store location—with more than 31,000 households within a three-mile radius.
Jacksonville is Florida’s largest city by population and a major economic hub in Northeast Florida, supported by a diverse employment base that includes logistics,
healthcare, finance, and port-related industries. Ongoing residential investment and infrastructure improvements continue to drive long-term growth throughout
the city. The property’s infill location within a mature neighborhood positions it to benefit from stable demographics, limited new retail development, and consistent
consumer demand; this supports long-term occupancy and performance.