Family Dollar NNN Retail
For Sale
Contact for pricing
1177 Plum Street, Jennings, FL 32053
Single-tenant retail asset with an absolute NNN lease, corporate guaranty, and direct access to Interstate 75.
Property Size8,320 SF
Lot Size1.28 Acres
Price / SF$207.33
Days on Market10
Property Features for 1177 Plum Street
General Information
Standard status
Active
Size
8,320 SF
Lot size
1.28 Acres
Property subtype
Retail
Zoning
C | DEPARTMENT STORE (13)
Occupancy
100%
Lease Type
Absolute NNN
Investment Type
Net Lease
Net Operating Income
$112,132
Additional Details
Cap Rate
6.5%
Highway Access
Yes
Building Details
Year Built
2016
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Silber Investment Properties Ltd
Listed By:
Stephen Spiegel · License #NY 10401350022
Source:
Crexi
Added: Jul 28
Changed: Aug 5
Last Checked: Aug 5 at 4:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Silber Investment Properties Ltd
Investment Insights
Based on property information with market context.
This single-tenant Family Dollar property in Jennings, Florida, was built in 2016 and contains approximately 8,320 square feet on a 1.28-acre parcel. The building offers a purpose-built retail configuration and carries C | DEPARTMENT STORE (13) zoning. Its absolute NNN lease assigns taxes, insurance, maintenance, roof, structure, and HVAC obligations to the tenant, limiting landlord responsibilities. A corporate guaranty from FD Stores of Florida, Inc. supports the lease structure.
The property fronts approximately 200 feet along US-41 and has direct Interstate 75 access through Exit 467. It is positioned near the Florida-Georgia state line, approximately 20 miles south of Valdosta, Georgia, and 32 miles north of Lake City and Interstate 10. Lease economics include scheduled increases of approximately 10 percent every five years, with a 6.5% CAP rate identified in the offering information.
The property fronts approximately 200 feet along US-41 and has direct Interstate 75 access through Exit 467. It is positioned near the Florida-Georgia state line, approximately 20 miles south of Valdosta, Georgia, and 32 miles north of Lake City and Interstate 10. Lease economics include scheduled increases of approximately 10 percent every five years, with a 6.5% CAP rate identified in the offering information.
Key Highlights
- Single‑tenant Family Dollar property built in 2016
- Approximately 8,320 square feet on 1.28 acres
- Absolute NNN lease assigns taxes, insurance, maintenance, roof, structure, and HVAC to tenant
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Explore this area
Business Placement
Demographics for 32053, FL
3,815
Population
1,788
Households
2.1
Avg Household Size
45
Median Age
14%
College-Educated
81%
High-School Grad
105.9 sq mi
ZIP Area
36
Density / Sq Mi
$40,750
Median Household Income
$27,989
Median Earnings
$845
Median Rent
$121,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant retail asset with an absolute NNN lease, corporate guaranty, and direct access to Interstate 75.
Where is this nnn property located?
The property is located at 1177 Plum Street Jennings, FL.
What is the asking price?
The asking price for this property is $1,725,000.
What are key features of this property?
This property features: Single‑tenant Family Dollar property built in 2016; Approximately 8,320 square feet on 1.28 acres; Absolute NNN lease assigns taxes, insurance, maintenance, roof, structure, and HVAC to tenant
