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96563 Chester Rd
Yulee, FL 32097

$1,998,177 USD

Convenience Store For Sale  •  9,100 SF

Property Details

  • Property Type Convenience Store
  • Total Building Size 9,100 SF
  • Lot Size 1.49 AC
  • Building Class B
  • Year Built 2021
  • Cap Rate 6.50 %
  • Tenancy Single
  • Zoning CN
0 Transit Score
1 Walk Score

Description

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.

Highlights

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

Property Flyers

Cap Rate: 6.50 %

Public Transportation

AirportDriveWalkDistance
Jacksonville International 36 min - 19.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 7
Type: Surface
Included in Rent: Yes
Robert Fillmore 727-510-5554 Fillmore Real Estate Group,LLC
Robert Fillmore 727-510-5554 Fillmore Real Estate Group,LLC