179 SW Marvin Burnett Rd - Freestanding FOR SALE


Lake City, FL 32025
$2,977,000 USD
858-373-3174
179 SW Marvin Burnett Rd, Lake City, FL for Sale
$2,977,000 USD
Freestanding - FOR SALE
1/2
null | 6.05% Cap Rate

179 SW Marvin Burnett Rd
Lake City, FL 32025


HIGHLIGHTS

  • New 15-Year Absolute NNN Lease with 5% Increases Every 5 Years
  • Investment Grade Credit Tenant (S&P: BBB), Ranked #112 on Fortune 500 in 2025
  • Dollar General is the Nation’s Largest Retailer with 20,450+ Stores
  • Brand New Upgraded Construction on Oversized Parcel, Partial Block Storefront
  • Serving Over 44,000 Residents in Growing Trade Area
  • Average Household Income Exceeds $73,000 in 3 Miles and $75,000 in 5 Miles

FOR SALE DETAILS

PRICE

$2,977,000 USD

PRICE/SF

$298 USD /SF

CAP RATE

6.05%

% LEASED

-

TENANCY

Single

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.72 AC

LAND SF

118,483 SF

ZONING

-

APN/PARCEL ID

07-4S-17-08127-005

ASK ABOUT THIS PROPERTY

Phil SambazisMarcus & MillichapMore Info
858-373-3174

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Phil SambazisMarcus & MillichapMore Info
858-373-3174

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