• An Award Winning Net Lease & Retail Commercial Real Estate Group

Dollar General on a 1.25 Acre Site – Crawfordville, FL

1885 Crawfordville Hwy, Crawfordville, FL 32327, USA
$1,288,160

Description

Marcus & Millichap is pleased to present a 2008, CBS construction, Dollar General located at 1885 Crawfordville Highway, in Crawfordville, Florida.
The property consists of a 9,230-square foot stand-alone building on a large, 1.25 acre site. The tenant, Dollar General, recently signed a five year extension which expires on April 30, 2023. The site is immediately north of a Super Walmart, and just fifteen miles south of downtown Tallahassee.
Dollar General is a growing Fortune 500 company (#123), with over $23.5 billion in revenue and a net worth exceeding $6.13 Billion. Dollar General’s credit rating was recently upgraded to Investment Grade (BBB) by Standard & Poors, and it is publicly traded on the New York Stock Exchange under the ticker symbol, “DG”. Dollar General operates a chain of over 15,000 discount stores in about 44 states as of July 24, 2018, primarily in the Southern and Eastern US, the Midwest, and the Southwest. The company offers basic household supplies including cleaning supplies, health and beauty aids, food and apparel. Most of the merchandise which is carried in the Dollar General stores is priced between $1 and $35.

  • Large 9,230 Square Foot CBS Construction Building on a 1.25 Acre Site
  • Close to Area Super Wal-Mart
  • Trade Area Average Household Income of Over $60,586
  • 10% Increases in Each Option Period
  • NN Lease – Tenant Pays RE Taxes, Insurance & CAM
  • 15,000+ Dollar General Locations
  • Dollar General Generated more than $23.5 Billion in Revenue in 2018
  • Dollar General Net Worth of Over $6.13 Billion

Property Documents

  • Dollar-General-Crawfordville-FL-om-ib
  • City: Crawfordville
  • State/county: Florida
  • Zip/Postal Code: 32327
  • Country: United States

Detail

  • Price: $1,288,160

Additional details

  • CAP Rate: 8.75%
  • NOI: $112,680

Features