22804 US Highway 129 - Convenience Store FOR SALE


O Brien, FL 32071
$3,008,683 USD
734-755-6359
22804 US Highway 129, O Brien, FL for Sale
$3,008,683 USD
Convenience Store - FOR SALE
1/5
null | 6.15% Cap Rate

22804 US Highway 129
O Brien, FL 32071


HIGHLIGHTS

  • The Only Dollar Store Serving the Community!
  • 2026 BTS Plus Size Construction | Opening Q3 2026
  • 5% Rental Rate Increases Every 5 Years!
  • 10 Mile Population 14,940 | Expected 7.20% Growth!
  • 3,357 Cars Per Day on Highway 129
  • Dollar General Corporate Guaranty

OVERVIEW

Fortis Net Lease is pleased to present this 2026 BTS 10,640 SF. Dollar General Plus store located in O'Brien, Florida. The property is secured with a 15 year Absolute NNN Lease leaving zero landlord responsibilities. The lease contains 5% rental rate increases every 5 years including at each of the 5 (5 year) options to renew. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The store is currently under construction with store opening & rent start on track for November 2026. This Dollar General is highly visible as it is strategically positioned off of US Highway 129 seeing 3,357 cars per day, nestled among the neighboring homes. It is the only dollar store serving this community! The 10 mile population from the site is 14,940 and the 3 mile average household income is $65,036 per year, making this location ideal for a Dollar General. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store. List price reflects a 6.15% cap rate based on NOI of $185,034. Instate Broker of Record: Brian Brockman | Bang Realty

FOR SALE DETAILS

PRICE

$3,008,683 USD

PRICE/SF

$283 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General Plus in Florida

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.63 AC

LAND SF

114,563 SF

ZONING

C-1

APN/PARCEL ID

20-05S-14E-03611-000000

ASK ABOUT THIS PROPERTY

Bryan BenderFortis Net LeaseMore Info
734-755-6359

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Bryan BenderFortis Net LeaseMore Info
734-755-6359

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