Dollar General Plus
Single-Tenant Offerings
Dollar General Plus
1334 Jackson Ave.
Chipley, FL
- Price:
- $2,231,000
- Cap Rate:
- 6.40%
- NOI:
- $142,812
- Rentable SQFT:
- 10,640 SF
- Year Built:
- 2024
- Lot Size:
- 3.18 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Under Contract
Investment Highlights
- 15-Year Absolute Net Lease, Zero Landlord Responsibilities
- Rare 5% Increases Every 5 Years Throughout Base Term and Option Periods
- Investment Grade Credit Tenant Rated ‘BBB’ by S&P
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Dollar General is Nation’s Largest Retailer with 19,700+ Stores
- New Construction with Partial Brick Storefront and Wood Panel Finishes on an Oversized Parcel
- Serving Approximately 25,000 Residents in Growing Washington County
- Highly Visible Along Major East/West Artery with 7,000 Cars/Day, Direct Access to Jacksonville and Pensacola
- Minutes to I-10, 4th Longest Interstate in the U.S. Connecting Florida and California
- 1.5 Miles to Northwest Florida Community Hospital with 200+ Employees
- Northwest of Apalachicola National Forest with 2.7 Million Annual Visitors
- Close Proximity to Northwest Florida Beaches International Airport
- No State Income Tax, Florida is the Highest Net Domestic Migration/Growth State in the U.S.
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