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    8300 SE Constitution Blvd Hobe Sound, FL 33455

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    For Sale
    $2,348,933

    NNN Dollar General with 9 years remaining on initial lease.

    Property size:
    9,002 SF
    Lot size:
    2.53 Acres

    Property Features for 8300 SE Constitution Blvd

    General Information

    Size
    9,002 SF
    Lot size
    2.53 Acres

    Source: RIPCO Real Estate | Tampa Agent Edward Kemp

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Dollar General NNN Investment Opportunity

    This property is a built-to-suit Dollar General constructed in 2019, operating under an absolute NNN lease with no landlord responsibilities. The initial lease term has 9 years remaining. Dollar General has five, five-year extension options, each including a 10% increase. The property is located in Hobe Sound, 40 miles north of West Palm Beach and 10 miles north of Jupiter. A brand-new Publix opened less than half a mile from the Dollar General site in 2022, emphasizing the growth and stability of the Hobe Sound market. The property size is 9,002 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Western Union Money Transfer Service FedEx OnSite Mailing Service Dollar General Dollar Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hobe Sound
    County
    Martin
    State
    Florida
    Longitude
    -80.1619833
    Latitude
    27.104363

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    FAQs

    What type of property is this?
    Drug store - NNN Dollar General with 9 years remaining on initial lease.
    Where is this drug store located?
    The property is located at 8300 SE Constitution Blvd Hobe Sound, FL.
    What is the asking price?
    The asking price for this property is $2,348,933.
    What are key features of this property?
    This property features: - Absolute NNN lease offers zero landlord responsibilities.; - Long-term lease with Dollar General, built in 2019, with 9 years remaining.; - Features five (5), five (5) year extension options with 10% rent increases.
    (813) 921-5642
    Request Owner's contact information
    8300 SE Constitution Blvd Hobe Sound, FL 33455
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8300 SE Constitution Blvd Hobe Sound, FL 33455
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