1610 Edgewood Ave W - Freestanding FOR SALE


Jacksonville, FL 32208- 45th & Moncrief
$1,910,800 USD
863-289-0387
1610 Edgewood Ave W, Jacksonville, FL for Sale
$1,910,800 USD
Freestanding - FOR SALE
1/5
null | 6.5% Cap Rate

1610 Edgewood Ave W
Jacksonville, FL 32208
45th & Moncrief


HIGHLIGHTS

  • Dollar General, established in 1939, now has over 20,000 locations in 48 states
  • In 2025, Dollar General was ranked #112 in the Fortune 500 list
  • Dollar General is opening 450 new stores in 2026, renovating 4,250 existing stores, while an additional 20 locations will be relocated
  • Corporate, Absolute NNN Lease with no landlord responsibilities
  • Dollar General executed an early lease extension in 2023; bumping rent by 7.50%
  • 4.75 years remain on the current lease term

OVERVIEW

RIPCO Real Estate is pleased to offer for sale 1610 Edgewood Ave W, Jacksonville, FL, a single tenant, absolute NNN asset leased to Dollar General. Built in 2010 to Dollar General’s exacting specifications, this 9,100 square foot store aligns with the company’s preferred footprint, allowing for an expanded product selection to optimize performance. With 4.75 years of lease remaining, the property offers stable income with upside in the next option period. The property sits on a strategic 1.26-acre parcel featuring 191 feet of frontage along Edgewood Avenue W. Located in a dense neighborhood retail corridor, this Dollar General benefits from strong community demand and minimal opportunity for new competitive development. Edgewood Ave W experiences consistent traffic volumes exceeding 19,000 vehicles per day, providing strong visibility and sustained customer exposure. The site is supported by dense demographics, particularly strong for a dollar store location—with more than 31,000 households within a three-mile radius. Jacksonville is Florida’s largest city by population and a major economic hub in Northeast Florida, supported by a diverse employment base that includes logistics, healthcare, finance, and port-related industries. Ongoing residential investment and infrastructure improvements continue to drive long-term growth throughout the city. The property’s infill location within a mature neighborhood positions it to benefit from stable demographics, limited new retail development, and consistent consumer demand; this supports long-term occupancy and performance.

FOR SALE DETAILS

PRICE

$1,910,800 USD

PRICE/SF

$210 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

1.26 AC

LAND SF

54,886 SF

ZONING

CCG-2

APN/PARCEL ID

027002-0100

ASK ABOUT THIS PROPERTY

Edward KempRIPCO Real EstateMore Info
863-289-0387

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Edward KempRIPCO Real EstateMore Info
863-289-0387

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.