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.