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Dollar General | Lakeland, FL

649 N Wabash Ave, Lakeland, FL 33815

Listing Price: $1,132,052

Cap Rate
7.65%
Tenant Name
Dollar General
Years Remaining On Lease
4.2
Guarantor
Corporate Guarantee
Rentable SF
9,014
Lease Type
Double Net
Rent Per Square Feet
$9.61

Investment Overview

OPERATING HISTORY / COMMITMENT TO THE LOCATION
- Dollar General has been operating at this site for 20+ years, since 2004
- Dollar General recently exercised their option, showing continued commitment to the site

LOCATION / LAKELAND, FL
- Polk County is the fastest growing county in Florida and one of the fastest growing counties in the country. Lakeland is the largest city in Polk County and the largest city on Interstate 4 between Tampa and Orlando
- Incredible demographics, linear with the tenant’s target customer.
- Population: 7,871 (1-mile) | 60,498 (3-mile) | 130,440 (5-mile)

PLACERAI / STRONG PERFORMING STORE
- PlacerAI ranks this Dollar General in the top 68th percentile in Florida and top 77th percentile nationwide.
- The store is extremely busy

DOLLAR GENERAL / CORPORATE GUARANTEE
- Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment-grade credit rating of BBB
- Currently, there are over 20,000 locations, with plans to open 575 new stores in 2025
- Dollar General has been in business for 80 years and has a current net worth of over $18.16 billion

Investment Highlights

  • OPERATING HISTORY / COMMITMENT TO THE LOCATION -DG has been operating at this site for 20+ years, since 2004 - DG recently exercised their option, showing continued commitment to the site
  • Polk County is the fastest growing county in Florida and one of the fastest growing counties in the country. Lakeland is the largest city in Polk County
  • PLACERAI / STRONG PERFORMING STORE

Exclusively Listed By

Financing By

Discount

Dollar General | Lakeland, FL

Listing Price: $1,132,052

Cap Rate
7.65%
Tenant Name
Dollar General
Years Remaining On Lease
4.2
Guarantor
Corporate Guarantee
Rentable SF
9,014
Lease Type
Double Net
Rent Per Square Feet
$9.61

Investment Highlights

  • OPERATING HISTORY / COMMITMENT TO THE LOCATION -DG has been operating at this site for 20+ years, since 2004 - DG recently exercised their option, showing continued commitment to the site
  • Polk County is the fastest growing county in Florida and one of the fastest growing counties in the country. Lakeland is the largest city in Polk County
  • PLACERAI / STRONG PERFORMING STORE

Investment Overview

OPERATING HISTORY / COMMITMENT TO THE LOCATION - Dollar General has been operating at this site for 20+ years, since 2004 - Dollar General recently exercised their option, showing continued commitment to the site LOCATION / LAKELAND, FL - Polk County is the fastest growing county in Florida and one of the fastest growing counties in the country. Lakeland is the largest city in Polk County and the largest city on Interstate 4 between Tampa and Orlando - Incredible demographics, linear with the tenant’s target customer. - Population: 7,871 (1-mile) | 60,498 (3-mile) | 130,440 (5-mile) PLACERAI / STRONG PERFORMING STORE - PlacerAI ranks this Dollar General in the top 68th percentile in Florida and top 77th percentile nationwide. - The store is extremely busy DOLLAR GENERAL / CORPORATE GUARANTEE - Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment-grade credit rating of BBB - Currently, there are over 20,000 locations, with plans to open 575 new stores in 2025 - Dollar General has been in business for 80 years and has a current net worth of over $18.16 billion

Exclusively Listed By

Financing By

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