Dollar General 2540 S Highway 71 10,640 SF Retail Building Wewahitchka, FL 32465 $1,681,000 ($157.99/SF) 6.50% Cap Rate

Northmarq is pleased to offer for sale to qualified investors the opportunity to acquire the fee simple ownership interest in the Dollar General property located at 2540 Highway 71 S in Wewahitchka, Florida (“Property”). The Property comprises a 10,640-square-foot building on a large 2.28-acre parcel of land. Dollar General is subject to a long-term absolute NNN lease, which is corporately guaranteed and has over 10 years remaining on the initial term. This offering is a rare opportunity to invest in a highly passive asset backed by a top-rated national tenant.
The Property is strategically located in Wewahitchka, Florida, where Dollar General serves as a primary source of daily needs retail for the surrounding rural trade area. With limited nearby national retail competition, the store benefits from its role as an essential service provider to a dispersed customer base that prioritizes convenience and proximity. The property is positioned along a regional connector route providing access to surrounding communities and reinforcing consistent traffic patterns. Dollar General’s proven rural-focused store model is well-suited for markets like Wewahitchka, where smaller-format discount retail outperforms larger big-box alternatives. The asset also benefits from being in one of the select few states that does not have a state income tax.