Log In/Sign Up
Your email has been sent.
5076 County Road 218
Middleburg, FL 32068
Dollar General Middleburg - Jacksonville MSA · Retail Property For Sale


Executive Summary
Here is a polished **LoopNet “Sale Notes”** draft based on the OM. I used the updated OM facts, including the 7.00% forward cap, recent renewal, lease expiration, rent schedule, Placer.ai performance, and the survey-confirmed 43 parking spaces.
Single-tenant Dollar General investment opportunity located at 5076 County Road 218 in Middleburg, Florida, within the Jacksonville MSA. The property consists of a 9,026 SF freestanding retail building situated on approximately 2.06 acres with 43 parking spaces.
Dollar General recently exercised its 5-year renewal option, extending the lease through November 30, 2031. The lease is corporate-guaranteed by Dollar General Corporation and structured as an NNN lease with limited landlord responsibilities. Tenant is responsible for building maintenance, taxes, insurance, utilities, and operations. The lease includes three remaining 5-year renewal options with 10% rent increases in each option period.
The property is offered at $1,452,614, representing a 7.00% cap rate based on the renewal rent commencing December 1, 2026. Current annual rent is $92,439 through November 30, 2026, increasing to $101,683 annually during the exercised renewal term.
Dollar General has operated at this location since 2011, demonstrating long-term commitment to the site. The store also materially outperforms the Dollar General chain average by visits, ranking in the 96th percentile nationally, 93rd percentile in Florida, and 95th percentile within a 50-mile radius according to Placer.ai data pulled April 2026.
The property benefits from a strategic Jacksonville MSA location, strong local demographics, limited dollar-store competition in the immediate trade area, and proximity to regional growth drivers including State Road 21, U.S. Highway 301, and the First Coast Expressway project.
Single-tenant Dollar General investment opportunity located at 5076 County Road 218 in Middleburg, Florida, within the Jacksonville MSA. The property consists of a 9,026 SF freestanding retail building situated on approximately 2.06 acres with 43 parking spaces.
Dollar General recently exercised its 5-year renewal option, extending the lease through November 30, 2031. The lease is corporate-guaranteed by Dollar General Corporation and structured as an NNN lease with limited landlord responsibilities. Tenant is responsible for building maintenance, taxes, insurance, utilities, and operations. The lease includes three remaining 5-year renewal options with 10% rent increases in each option period.
The property is offered at $1,452,614, representing a 7.00% cap rate based on the renewal rent commencing December 1, 2026. Current annual rent is $92,439 through November 30, 2026, increasing to $101,683 annually during the exercised renewal term.
Dollar General has operated at this location since 2011, demonstrating long-term commitment to the site. The store also materially outperforms the Dollar General chain average by visits, ranking in the 96th percentile nationally, 93rd percentile in Florida, and 95th percentile within a 50-mile radius according to Placer.ai data pulled April 2026.
The property benefits from a strategic Jacksonville MSA location, strong local demographics, limited dollar-store competition in the immediate trade area, and proximity to regional growth drivers including State Road 21, U.S. Highway 301, and the First Coast Expressway project.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
9,026 SF
Building Class
C
Year Built
2011
Price
$1,452,614
Price Per SF
$160.94
Cap Rate
7%
NOI
$101,683
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
2.06 AC
Opportunity Zone
Yes
Zoning
BA2 - Community Business
Parking
30 Spaces (3.32 Spaces per 1,000 SF Leased)
Frontage
126’ on County Road 218
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | 06-05-24-005947-005-06 | Improvements Assessment | $436,556 |
| Land Assessment | $134,991 | Total Assessment | $571,547 |
Property Taxes
Parcel Number
06-05-24-005947-005-06
Land Assessment
$134,991
Improvements Assessment
$436,556
Total Assessment
$571,547
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
