Description

This Dollar General Market is highly visible as it is strategically positioned on the main North-South thoroughfare of Lake Land Blvd. which sees 8,108 cars per day. The ten mile population from the site is 19,233 while the five mile average household income $62,072 per year, making this location ideal for a Dollar General. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store. List price reflects a 6.50% cap rate based on NOI of $140,213.