Dollar General NNN
For Sale
Contact for pricing
11819 Balm Riverview Rd, Riverview, FL 33569
Newly opened, corporately guaranteed retail asset with an absolute NNN lease structure and multiple renewal options.
Property Size10,542 SF
Days on Market141
Property Features for 11819 Balm Riverview Rd
General Information
Standard status
Active
Size
10,542 SF
Property subtype
Retail
Additional Details
Traffic Count
16,700 vehicles/day
Building Details
Year Built
2022
Buildings
1
Listing Agency:
Fortis Net Lease
(248) 419-3810
Listed By:
Bryan Bender · License #MI 6501319610
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 2:54PM
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 Fortis Net Lease
Investment Insights
Based on property information with market context.
This newly constructed Dollar General store contains 10,542 square feet and began serving customers in December 2022. The building features upgraded architecture and a larger-than-standard footprint. Ownership is structured under a 15-year absolute NNN lease, with four five-year renewal options and 10% rental increases at each option period. Dollar General Corporation provides the corporate guarantee and carries a BBB credit rating, classified as investment grade.
The property is located at 11819 Balm Riverview Road in Riverview, Florida. Balm Riverview Road records 16,700 cars per day, and the store is surrounded by residential housing. Demographic data includes a population of 161,768 within five miles, projected 13% growth, and average household income of $99,944 within one mile. Five-mile consumer spending is reported at $1.9 Billion.
The property is located at 11819 Balm Riverview Road in Riverview, Florida. Balm Riverview Road records 16,700 cars per day, and the store is surrounded by residential housing. Demographic data includes a population of 161,768 within five miles, projected 13% growth, and average household income of $99,944 within one mile. Five-mile consumer spending is reported at $1.9 Billion.
Key Highlights
- 10,542 SF Dollar General store opened in December 2022
- 15‑year absolute NNN lease with zero landlord responsibility
- Four 5‑year renewal options, each including a 10% rental rate increase
Property Analytics
Property Profile
Current Use
Lease Details
16,700 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
148
Businesses Nearby
33k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Exxon
Shops & Services
15,248 visits/mo
0.5 miles
Dollar General
Shops & Services
10,044 visits/mo
0.2 miles
Circle K
Shops & Services
7,965 visits/mo
0.2 miles
Demographics for 33569, FL
28,065
Population
10,571
Households
2.7
Avg Household Size
40
Median Age
36%
College-Educated
93%
High-School Grad
13.9 sq mi
ZIP Area
2,019
Density / Sq Mi
$97,500
Median Household Income
$53,015
Median Earnings
$2,167
Median Rent
$330,700
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 - Newly opened, corporately guaranteed retail asset with an absolute NNN lease structure and multiple renewal options.
Where is this nnn property located?
The property is located at 11819 Balm Riverview Rd Riverview, FL.
What are key features of this property?
This property features: 10,542 SF Dollar General store opened in December 2022; 15‑year absolute NNN lease with zero landlord responsibility; Four 5‑year renewal options, each including a 10% rental rate increase
