1181 S US Hwy 41 - Freestanding FOR SALE


Ruskin, FL 33570
$2,091,000 USD
1181 S US Hwy 41, Ruskin, FL for Sale
$2,091,000 USD
Freestanding - FOR SALE
1/8
null | 6.75% Cap Rate

1181 S US Hwy 41
Ruskin, FL 33570


HIGHLIGHTS

  • CORPORATELY GUARANTEED LEASE
  • LONG-TERM OPPORTUNITY
  • COUPON CLIP INVESTMENT
  • PREMIER DISCOUNT TENANT
  • STRATEGIC LOCATION
  • DENSE, AFFLUENT DEMOGRAPHIC BASE

OVERVIEW

CBRE’s Net Lease Property Group is pleased to extend the opportunity to acquire 100% fee interest in a freestanding Absolute NNN Dollar General located in Ruskin, FL, within Hillsborough County. The property is secured by a corporate guaranty from Dollar General Corporation. The lease features over ten years of remaining term, followed by four (4) five-year renewal options, each with 10% rental increases, ensuring consistent value growth. Strategically positioned along U.S. Highway 41, the site enjoys excellent visibility and traffic counts, with over 28,500 vehicles passing per day. Ruskin is experiencing rapid population growth, driven by its proximity to Downtown Tampa (just 28 miles north) and major employment hubs such as Amazon’s Fulfillment Center (TPA1) and Port Tampa Bay, which collectively support over 192,000 jobs. Dollar General Corporation (NYSE: DG, S&P: BBB), the largest small-box discount retailer in the U.S., operates over 20,000 stores nationwide. With FY 2024 net sales of $40.6 billion, the company ranks #111 on the Fortune 500 list, reflecting its market dominance and financial strength.

FOR SALE DETAILS

PRICE

$2,091,000 USD

PRICE/SF

$230 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

2.48 AC

LAND SF

107,902 SF

ZONING

CM

APN/PARCEL ID

U-18-32-19-20L-000000-00802.2

ASK ABOUT THIS PROPERTY

Michael KaiderCBRE, Inc.More Info

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Michael KaiderCBRE, Inc.More Info

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