7924 Co 6 Rd - Supermarket FOR SALE


Jasper, FL 32052
$2,618,976 USD
352-332-0499
7924 Co 6 Rd, Jasper, FL for Sale
$2,618,976 USD
Supermarket - FOR SALE
1/3
null | 6.35% Cap Rate

7924 Co 6 Rd
Jasper, FL 32052


HIGHLIGHTS

  • Prime location for DG, excellent customer base, with close proximity to I-75, fronting SR 6
  • New lease structure w/ Rent increases in Initial Lease Term (5% Every 5 Yrs) | Approx 13.5- years initial term remaining | NNN Corporate Guarany
  • Open and available to Close Quickly
  • Location is Busy and Performing Well
  • At Interstate Interchange, busy with redevelopment, including local Development Authority's Commerce Center well underway
  • Large format Busy Bee travel station is under construction

OVERVIEW

RECENT CONSTRUCTION DG MARKET W/RENT INCREASES IN INITIAL TERM | ABSOLUTE NNN | TAX FREE STATE This new construction Dollar General Market is strategically located in Jasper, Florida, a growing community within Hamilton County, with a population of approximately 14,799. The site enjoys a prime location, ideally placed to serve a large and growing customer base in an underserved market for travelers, residents, and commuters in need of essential goods. The site has excellent visibility from major highways, with 40,000 vehicles traveling on I-75, just a half a mile away, and 1,900 cars exiting at this interstate exit each day. There are 2,000 vehicles using SR 6 as the main route between Madison (population 264,776) and Hamilton Counties. This is an ideal location for customers on the go. Its proximity to I-75 offers convenient connections across Florida and the U.S. and excellent visibility for travelers looking for gas, food, hotels, and restaurants, boosting its customer base. Busy Bee, located by the I-75 on/off ramps, has begun phase 2 of their redevelopment/expansion project, which includes a 6.91 acre renovated travel center, an expanded multi-lane diesel canopy, and 85 new semi-truck parking spaces. Excellent Accessibility: --Tallahassee, Florida: Florida's capital city, 90 miles west of Jasper --Jacksonville, Florida: The #1 most populous city in Florida, and 11th most populous in the U.S., boasting rapid growth, 83 miles east of Jasper --Lake City, Florida: Provides a peek of Florida's rich history and natural springs, 32 miles south of Jasper --Gainesville, Florida: Home to the University of Florida, just 76 miles south of Jasper --Valdosta, Georgia: Expanding potential customer base, just 35 miles north of Jasper There is no competition in the immediate trade area except for several gas stations. Residents must travel 8 miles to access groceries. Building on its existing presence in the region, Dollar General recognizes this underserved market. This new location provides residents and travelers with a convenient place to purchase their household necessities.

FOR SALE DETAILS

PRICE

$2,618,976 USD

PRICE/SF

$248 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General Market at I-75

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

ADD'L SUBTYPES

Convenience Store, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

63

LAND DETAILS

LAND ACRES

2.75 AC

LAND SF

119,790 SF

ZONING

-

APN/PARCEL ID

2886-000

ASK ABOUT THIS PROPERTY

Amber Crawford, CCIMSwift Creek Realty & Investment CorporationMore Info
352-332-0499

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Amber Crawford, CCIMSwift Creek Realty & Investment CorporationMore Info
352-332-0499

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