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New Construction Dollar General Market 7924 Co 6 Rd 10,566 SF Retail Building Jasper, FL 32052 $2,682,339 ($253.87/SF) 6.20% Cap Rate



Investment Highlights
- Rent increases in the Initial Lease Term of 5% Every 5 Years
- Available to Close Quickly
- Prime location with close proximity to I-75 and SR 6
- Location is Busy and Performing Well
Executive Summary
NEW CONSTRUCTION DG MARKET W/RENT INCREASES | ABSOLUTE NNN | TAX FREE STATE
This new construction Dollar General Market is strategically located in Jasper, Florida, a growing community within Hamilton County, with a population of approximately 14,799. The site enjoys a prime location, ideally placed to serve a large and growing customer base in an underserved market for travelers, residents, and commuters in need of essential goods.
The site has excellent visibility from major highways, with 40,000 vehicles traveling on I-75, just a half a mile away, and 1,900 cars exiting at this interstate exit each day. There are 2,000 vehicles using SR 6 as the main route between Madison (population 264,776) and Hamilton Counties. This is an ideal location for customers on the go.
Its proximity to I-75 offers convenient connections across Florida and the U.S. and excellent visibility for travelers looking for gas, food, hotels, and restaurants, boosting its customer base. Busy Bee, located by the I-75 on/off ramps, has begun phase 2 of their redevelopment/expansion project, which includes a 6.91 acre renovated travel center, an expanded multi-lane diesel canopy, and 85 new semi-truck parking spaces.
Excellent Accessibility:
--Tallahassee, Florida: Florida's capital city, 90 miles west of Jasper
--Jacksonville, Florida: The #1 most populous city in Florida, and 11th most populous in the U.S., boasting rapid growth, 83 miles east of Jasper
--Lake City, Florida: Provides a peek of Florida's rich history and natural springs, 32 miles south of Jasper
--Gainesville, Florida: Home to the University of Florida, just 76 miles south of Jasper
--Valdosta, Georgia: Expanding potential customer base, just 35 miles north of Jasper
There is no competition in the immediate trade area except for several gas stations. Residents must travel 8 miles to access groceries.
Building on its existing presence in the region, Dollar General recognizes this underserved market. This new location provides residents and travelers with a convenient place to purchase their household necessities.
This new construction Dollar General Market is strategically located in Jasper, Florida, a growing community within Hamilton County, with a population of approximately 14,799. The site enjoys a prime location, ideally placed to serve a large and growing customer base in an underserved market for travelers, residents, and commuters in need of essential goods.
The site has excellent visibility from major highways, with 40,000 vehicles traveling on I-75, just a half a mile away, and 1,900 cars exiting at this interstate exit each day. There are 2,000 vehicles using SR 6 as the main route between Madison (population 264,776) and Hamilton Counties. This is an ideal location for customers on the go.
Its proximity to I-75 offers convenient connections across Florida and the U.S. and excellent visibility for travelers looking for gas, food, hotels, and restaurants, boosting its customer base. Busy Bee, located by the I-75 on/off ramps, has begun phase 2 of their redevelopment/expansion project, which includes a 6.91 acre renovated travel center, an expanded multi-lane diesel canopy, and 85 new semi-truck parking spaces.
Excellent Accessibility:
--Tallahassee, Florida: Florida's capital city, 90 miles west of Jasper
--Jacksonville, Florida: The #1 most populous city in Florida, and 11th most populous in the U.S., boasting rapid growth, 83 miles east of Jasper
--Lake City, Florida: Provides a peek of Florida's rich history and natural springs, 32 miles south of Jasper
--Gainesville, Florida: Home to the University of Florida, just 76 miles south of Jasper
--Valdosta, Georgia: Expanding potential customer base, just 35 miles north of Jasper
There is no competition in the immediate trade area except for several gas stations. Residents must travel 8 miles to access groceries.
Building on its existing presence in the region, Dollar General recognizes this underserved market. This new location provides residents and travelers with a convenient place to purchase their household necessities.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
10,566 SF
Year Built
2024
Price
$2,682,339
Price Per SF
$253.87
Cap Rate
6.20%
NOI
$166,305
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
2.75 AC
Parking
63 Spaces (5.96 Spaces per 1,000 SF Leased)
Frontage
316’ on S.R. 6
Amenities
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
Property Taxes
| Parcel Number | 2886-000 | Improvements Assessment | $0 |
| Land Assessment | $93,470 | Total Assessment | $93,470 |
Property Taxes
Parcel Number
2886-000
Land Assessment
$93,470
Improvements Assessment
$0
Total Assessment
$93,470
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New Construction Dollar General Market | 7924 Co 6 Rd
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