Dollar General NNN
For Sale
Contact for pricing
Pending
12000 US-301, Belleview, FL 34420
Five-store portfolio featuring absolute NNN leases and multiple renewal options.
Property Size9,100 SF
Days on Market517
Property Features for 12000 US-301
General Information
Standard status
Pending
Size
9,100 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$515,247
Additional Details
Asking Price
$7,900,000
Building Details
Year Built
2019
Buildings
5
Tenancy
Single
Listing Agency:
Marcus & Millichap - Indianapolis
(317) 218-5316
Listed By:
Jordan Klink · License #IN RB14043752
Source:
Crexi
Added: Apr 1, 2025
Changed: Aug 30
Last Checked: Aug 30 at 2:08AM
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 Marcus & Millichap - Indianapolis
Investment Insights
Based on property information with market context.
This offering includes five Dollar General retail properties across Florida, South Carolina, and Indiana. The portfolio includes a 9,100-square-foot store at 12000 US-301 in Belleview, Florida, completed in 2019. Each location is subject to an absolute triple-net lease with Dollar General Corporation, identified in the source information as an investment-grade tenant with an S&P BBB rating.
The leases have an average of 9.2 years remaining and include four five-year renewal options. Contractual rent increases of 10% are included in each option period. The portfolio also carries a blended cap rate of over 6.5%+, based on the supplied offering details.
The leases have an average of 9.2 years remaining and include four five-year renewal options. Contractual rent increases of 10% are included in each option period. The portfolio also carries a blended cap rate of over 6.5%+, based on the supplied offering details.
Key Highlights
- Five Dollar General properties located across Florida, South Carolina, and Indiana
- 9,100‑square‑foot Belleview, FL store at 12000 US‑301
- 2019 construction for the Belleview property
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
127
Businesses Nearby
5k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
5,452 visits/mo
0.2 miles
Demographics for 34420, FL
17,969
Population
8,555
Households
2.1
Avg Household Size
45
Median Age
14%
College-Educated
91%
High-School Grad
24.1 sq mi
ZIP Area
746
Density / Sq Mi
$52,551
Median Household Income
$34,599
Median Earnings
$909
Median Rent
$192,600
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 - Five-store portfolio featuring absolute NNN leases and multiple renewal options.
Where is this nnn property located?
The property is located at 12000 US-301 Belleview, FL.
What are key features of this property?
This property features: Five Dollar General properties located across Florida, South Carolina, and Indiana; 9,100‑square‑foot Belleview, FL store at 12000 US‑301; 2019 construction for the Belleview property
