RIPCO Real Estate is pleased to offer for sale 8300 SE Constitution Boulevard in Hobe Sound, Florida, a single tenant, absolute NNN asset leased to Dollar General.
Built in 2019 to Dollar General’s specifications, the 9,002-square-foot store matches the company’s preferred format-supporting an expanded product selection and
optimized performance-while featuring upgraded construction designed to meet Hobe Sound’s coastal aesthetic standards. With 9+ years remaining on the lease, the
property offers stable, long-term income. The property is situated on 2.51 acres with excellent visibility and access along Constitution Boulevard, which experiences
over 31,000 vehicles per day. The site is strategically positioned near established residential neighborhoods and serves a growing local population. Within a 2-mile
radius, the property draws from a base of 12,175 residents across 6,061 households, supporting steady foot traffic and reliable store performance.
Hobe Sound is a coastal community in Martin County, just north of Jupiter and less than 40 miles from West Palm Beach. The area is celebrated for its beaches, natural
preserves and blend of suburban charm with economic vitality. Continued residential need, tourism-driven development, and a steady 1% annual population growth all
contribute to the area’s upward trajectory, while high barriers to entry further reinforce long-term demand and stability.
Combining Dollar General’s proven operating model, a prime Florida location, and strong local demographics, this offering presents an ideal opportunity for investors
seeking passive, long-term income with a creditworthy tenant in a growing market.