Northmarq is pleased to offer for sale to qualified investors the opportunity to acquire the fee simple ownership interest in the Dollar General property located at 2540 Highway 71 S in Wewahitchka, Florida (“Property”). The Property comprises a 10,640-square-foot building on a large 2.28-acre parcel of land. Dollar General is subject to a long-term absolute NNN lease, which is corporately guaranteed and has over 10 years remaining on the initial term. This offering is a rare opportunity to invest in a highly passive asset backed by a top-rated national tenant.
The Property is strategically located in Wewahitchka, Florida, where Dollar General serves as a primary source of daily needs retail for the surrounding rural trade area. With limited nearby national retail competition, the store benefits from its role as an essential service provider to a dispersed customer base that prioritizes convenience and proximity. The property is positioned along a regional connector route providing access to surrounding communities and reinforcing consistent traffic patterns. Dollar General’s proven rural-focused store model is well-suited for markets like Wewahitchka, where smaller-format discount retail outperforms larger big-box alternatives. The asset also benefits from being in one of the select few states that does not have a state income tax.