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    360 Laurel Rd E Nokomis, FL 34275

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    For Sale
    $2,000,000

    NNN leased Dollar General in high-growth Florida coastal market.

    Property size:
    7,545 SF
    Lot size:
    1.07 Acres

    Property Features for 360 Laurel Rd E

    General Information

    Size
    7,545 SF
    Lot size
    1.07 Acres

    Source: Trinity Real Estate Investment Services - Corporate 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.
    Insight Report Location Intelligence

    Current Use by Public Records

    Dollar General Dollar Store Western Union Money Transfer Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Nokomis
    County
    Sarasota
    State
    Florida
    Longitude
    -82.451259
    Latitude
    27.138078

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    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
    (817) 304-8916
    Request Owner's contact information
    360 Laurel Rd E Nokomis, FL 34275
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    Nokomis, FL 34275
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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
    360 Laurel Rd E Nokomis, FL 34275
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