INVESTMENT OPPORTUNITY
SAB Capital is pleased to present Dollar General in Esto, Florida. The lease features a triple-net (NNN) structure with a corporate guarantee from Dollar General (S&P: BBB) which has over 18,000 locations in the U.S. The site has strong real estate fundamentals seeing over 7,500 vehicles per day. The area is projected for steady population growth of 3.3% through 2027 within a 5 mile radius of the subject property.
- Dollar General in Esto, FL | 90 Miles Northwest of Tallahassee
- Zero Landlord Responsibilities | Absolute Triple Net (NNN) Lease Structure
- High-Credit Corporate Guarantee | Dollar General Has Over 17,000 Stores
- Actively Growing Tenant | Dollar General Opened Over 1,000 New Locations in 2022
- Strong Location Fundamentals | Site is Located on Route 79 Which Sees Over 7,500 Vehicles per Day
- Steady Local Population Growth | 3.3% Projected Increase in 5 Mile Radius Through 2027
- Highly Loyal Customer Base | 73% of Visits at This Site Are From Customers Who Visited 5 or More Times Annually (placer.ai)
| Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
|---|---|---|---|---|---|
| Dollar General | $1,022,560 | 7.50% | NNN | 9,100 | Closed |
