360 Laurel Rd E Nokomis, FL 34275
NNN leased Dollar General in high-growth Florida coastal market.
Property size:
7,545 SFLot size:
1.07 AcresProperty Features for 360 Laurel Rd E
General Information
- Size
- 7,545 SF
- Lot size
- 1.07 Acres
Source:
Moodyscre
Listing Agent: Brad Motley
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Dollar General NNN Investment Opportunity
This property in Nokomis, FL, is leased to Dollar General and features upgraded construction. The absolute NNN lease structure assigns zero landlord responsibilities, with 10% increases during the option periods. The lease is corporate-backed by Dollar General Corp (NYSE: DG), which holds an S&P investment grade. Situated on a corner lot on Laurel Rd, the location benefits from traffic exceeding 15,000 vehicles per day. The surrounding trade area is affluent, with average household incomes exceeding $131,000 within a 5-mile radius. Nearby retailers include Publix, Aldi, Walgreens, CVS, Starbucks, and Dunkin’. Located within a high-growth Florida coastal market, the area is projected to have over 68,000 residents within 5 miles by 2030. The property is part of the Sarasota-Bradenton MSA, recognized as one of Florida's fastest-growing metropolitan statistical areas. The property size is 7,545 square feet and has over 7 years remaining on the current term.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Dollar General
Dollar Store
Western Union
Money Transfer Service
Location Insight
- Map
- Local Demand
- City
- Nokomis
- County
- Sarasota
- State
- Florida
- Longitude
- -82.451259
- Latitude
- 27.138078
Nearby Similar for Sale
FAQs
What type of property is this?
Grocery and convenience store - NNN leased Dollar General in high-growth Florida coastal market.
Where is this grocery and convenience store located?
The property is located at 360 Laurel Rd E Nokomis, FL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: - Absolute NNN Lease – Zero Landlord Responsibilities with 10% Increases in Option Periods; - Corporate Lease With Dollar General Corp (NYSE: DG) – S&P Investment Grade; - Upgraded Construction Dollar General in Nokomis, FL with 7+ Years Remaining