Motivated Seller | Cap Rate Increased to 6.5% | Dollar General | Absolute NNN | Yulee, FL
Offered at 1,998,177.20 with a 6.5% cap rate, this is a rare opportunity to acquire a corporately guaranteed Dollar General location in Yulee, Florida. The property produces $129,881.52 in annual net operating income under an absolute NNN lease - providing truly passive income with zero landlord responsibilities
Built in 2021, the ±9,100 SF building sits on 1.40 acres along Chester Road, a high-visibility location with over 10,000 vehicles per day. The lease has 11 years remaining on its original 15-year term, expiring January 2036, with four (4) 5-year renewal options that include 10% rent increases at each option period.
The lease is backed by Dollar General Corporation (NYSE: DG) - a Fortune 500 company operating 20,000+ storesnationwide, with an investment-grade credit rating (BBB, S&P).
Located in the growing Nassau County market near Amelia Island and Jacksonville, this asset offers strong real estate fundamentals and long-term income stability.