7924 Fl-6Jasper, FL 32052

Property Details for 7924 Fl-6

Year built

2024

Lot size

2.25 AC

Property size (Sq ft)

10,566 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional investment opportunity presents a brand-new, single-tenant Dollar General store located at 7924 FL-6, Jasper, Florida 32052. The property boasts 10,566 square feet on a 2.25-acre lot, featuring 63 parking spaces. Built in 2024, this absolute NNN lease offers a 15-year remaining term with a built-in 5% rent increase every 5 years, ensuring consistent income growth. The property enjoys a prime location with excellent visibility and accessibility, situated near I-75, a major transportation artery. The strong tenant, Dollar General, is credit-rated and backed by a corporate guarantee, minimizing risk. The current NOI is $166,305, resulting in a 6.45% cap rate and a price per square foot of $244.03. The asking price is $2,578,372.09. This strategically located store serves a growing community in an underserved market, capitalizing on high traffic counts from both local residents and commuters traveling along SR 6 and I-75. The property's proximity to major cities like Tallahassee, Jacksonville, Gainesville, and Valdosta further enhances its appeal and potential for long-term growth. With no direct competition in the immediate area, this Dollar General represents a secure and lucrative investment opportunity in a tax-free state. The property's APN is 2886-000.

Location Insight

City

Jasper

County

Hamilton

State

Florida

Latitude

30.5133

Longitude

-83.0635

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