Discount
Dollar General | 5 Location Portfolio | Attractive Non-Recourse Assumable Financing
8000 103rd St, Jacksonville, FL 32210
Listing Price: $2,045,920
Investment Overview
Marcus & Millichap is pleased to present for sale a portfolio of five premium location Dollar General stores located in Florida, South Carolina and Indiana. This offering presents a stable, income-producing investment backed by long-term, absolute triple-net (NNN) leases with Dollar General Corporation, a Fortune 500 company with an investment-grade credit rating (S&P: BBB). The package consists of exceptionally strong real estate sites with very dense demographics located in growing cities within primarily southern markets. The portfolio is priced at $7.9 million with a combined annual net operating income (NOI) of $515,247, offering a blended cap rate of over 6.5 percent+. The properties have firm term leases remaining that average 9.2 years, with four , five year renewal options, each featuring 10 percent rental increases, providing inflation hedge and built-in income growth.
Investment Highlights
- Major MSA and Coastal Market Location | No State Income Tax Investment
- Absolute Triple-Net Lease | Zero Landlord Responsibilities | Rental Increases
- Main Retail Corridor Location | Directly off Interstate 275
- Fortune 500 Retailer | Growth Market | Major Retailers Nearby
Exclusively Listed By
Broker of Record
Discount
Dollar General | 5 Location Portfolio | Attractive Non-Recourse Assumable Financing
Listing Price: $2,045,920
Investment Highlights
- Major MSA and Coastal Market Location | No State Income Tax Investment
- Absolute Triple-Net Lease | Zero Landlord Responsibilities | Rental Increases
- Main Retail Corridor Location | Directly off Interstate 275
- Fortune 500 Retailer | Growth Market | Major Retailers Nearby
Investment Overview
Marcus & Millichap is pleased to present for sale a portfolio of five premium location Dollar General stores located in Florida, South Carolina and Indiana. This offering presents a stable, income-producing investment backed by long-term, absolute triple-net (NNN) leases with Dollar General Corporation, a Fortune 500 company with an investment-grade credit rating (S&P: BBB). The package consists of exceptionally strong real estate sites with very dense demographics located in growing cities within primarily southern markets. The portfolio is priced at $7.9 million with a combined annual net operating income (NOI) of $515,247, offering a blended cap rate of over 6.5 percent+. The properties have firm term leases remaining that average 9.2 years, with four , five year renewal options, each featuring 10 percent rental increases, providing inflation hedge and built-in income growth.
Exclusively Listed By
Broker of Record

