Convenience Store For Sale • 9,100 SF
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.
| Corporately Guaranteed Lease – Dollar General (Fortune 500, 20,000+ locations, S&P “BBB” credit rating) |
| Absolute NNN Lease – Zero landlord responsibilities |
| High-Traffic Location – 10,000+ vehicles per day on Chester Road, Yulee, Nassau County, FL |
| Strategic Growth Market – Positioned to serve expanding residential communities with Dollar General’s convenient retail model |
| Cap Rate: | 6.50 % |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Jacksonville International | 36 min | - | 19.6 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 7 |
| Type: | Surface |
| Included in Rent: | Yes |