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Dollar General | Lakeland, FL

407 E Memorial Blvd, Lakeland, FL 33801

Listing Price: $2,531,000

Cap Rate
6.75%
Tenant Name
Dollar General
Years Remaining On Lease
5.2
Guarantor
Corporate Guarantee
Rentable SF
11,115
Lease Type
Double Net
Rent Per Square Feet
$15.37

Investment Overview

Long Operating History / Commitment to the store
- Dollar General has been operating at this site since 2011
- Dollar General just exercised a 5-year option, showing continued commitment to the store

Lease Metrics
- 5+ Years Remaining on Base Term
- Two, 5-Year Options
- Limited Landlord Responsibilities

Location / Lakeland, FL
- Located on the signalized intersection of E Memorial Blvd and N Massachusetts Ave, which sees a combined 65,000 cars per day!
- Large 1.36-acre parcel with multiple access points
- Polk County is among the fastest-growing counties in Florida, and Lakeland is its largest city
- Lakeland is a fast-growing Central Florida hub known for its scenic lakes, historic downtown, and prime location between Tampa and Orlando.

Dollar General
- Dollar General (NYSE: DG) is a publicly traded Fortune 500 retailer backed by an S&P investment-grade credit rating of BBB, providing strong creditworthiness and reliability for investors
- The company operates over 21,000 stores nationwide and continues its growth trajectory with plans to open 450 new locations in 2026
- Dollar General has been in business for 83 years and has a current net worth of $54.4B

Investment Highlights

  • Long Operating History / Commitment to the store - Dollar General has been operating at this site since 2011 - Dollar General just exercised a 5-year option, showing continued commitment to the store
  • Lease Metrics - 5+ Years Remaining on Base Term - Two, 5-Year Options - Limited Landlord Responsibilities
  • Location / Lakeland, FL - Located on the signalized intersection of E Memorial Blvd and N Massachusetts Ave, which sees a combined 65,000 cars per day! - Large 1.36-acre parcel

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Dollar General | Lakeland, FL

Listing Price: $2,531,000

Cap Rate
6.75%
Tenant Name
Dollar General
Years Remaining On Lease
5.2
Guarantor
Corporate Guarantee
Rentable SF
11,115
Lease Type
Double Net
Rent Per Square Feet
$15.37

Investment Highlights

  • Long Operating History / Commitment to the store - Dollar General has been operating at this site since 2011 - Dollar General just exercised a 5-year option, showing continued commitment to the store
  • Lease Metrics - 5+ Years Remaining on Base Term - Two, 5-Year Options - Limited Landlord Responsibilities
  • Location / Lakeland, FL - Located on the signalized intersection of E Memorial Blvd and N Massachusetts Ave, which sees a combined 65,000 cars per day! - Large 1.36-acre parcel

Investment Overview

Long Operating History / Commitment to the store - Dollar General has been operating at this site since 2011 - Dollar General just exercised a 5-year option, showing continued commitment to the store Lease Metrics - 5+ Years Remaining on Base Term - Two, 5-Year Options - Limited Landlord Responsibilities Location / Lakeland, FL - Located on the signalized intersection of E Memorial Blvd and N Massachusetts Ave, which sees a combined 65,000 cars per day! - Large 1.36-acre parcel with multiple access points - Polk County is among the fastest-growing counties in Florida, and Lakeland is its largest city - Lakeland is a fast-growing Central Florida hub known for its scenic lakes, historic downtown, and prime location between Tampa and Orlando. Dollar General - Dollar General (NYSE: DG) is a publicly traded Fortune 500 retailer backed by an S&P investment-grade credit rating of BBB, providing strong creditworthiness and reliability for investors - The company operates over 21,000 stores nationwide and continues its growth trajectory with plans to open 450 new locations in 2026 - Dollar General has been in business for 83 years and has a current net worth of $54.4B

Exclusively Listed By

Financing By

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