96563 Chester Rd
Yulee, FL 32097
Motivated Seller | Cap Rate Increased to 6.5 · Retail Property For Sale
Investment Highlights
- Corporately Guaranteed Lease – Dollar General (Fortune 500, 20,000+ locations, S&P “BBB” credit rating)
- High-Traffic Location – 10,000+ vehicles per day on Chester Road, Yulee, Nassau County, FL
- Absolute NNN Lease – Zero landlord responsibilities
- Strategic Growth Market – Positioned to serve expanding residential communities with Dollar General’s convenient retail model
Property Facts
About 96563 CHESTER RD , YULEE, FL 32097
Motivated Seller | Cap Rate Increased to 6.5% | Dollar General | Absolute NNN | Yulee, FL Offered at 1,998,177.20 with a 6.5% cap rate, this is a rare opportunity to acquire a corporately guaranteed Dollar General location in Yulee, Florida. The property produces $129,881.52 in annual net operating income under an absolute NNN lease - providing truly passive income with zero landlord responsibilities Built in 2021, the ±9,100 SF building sits on 1.40 acres along Chester Road, a high-visibility location with over 10,000 vehicles per day. The lease has 11 years remaining on its original 15-year term, expiring January 2036, with four (4) 5-year renewal options that include 10% rent increases at each option period. The lease is backed by Dollar General Corporation (NYSE: DG) - a Fortune 500 company operating 20,000+ storesnationwide, with an investment-grade credit rating (BBB, S&P). Located in the growing Nassau County market near Amelia Island and Jacksonville, this asset offers strong real estate fundamentals and long-term income stability.
Property Taxes
| Parcel Number | 44-3N-28-0000-0001-0460 | Improvements Assessment | $1,301,215 |
| Land Assessment | $487,840 | Total Assessment | $1,789,055 |
Property Taxes
