Search
Dollar General NNN Property
For Sale
Contact for pricing

1209 Hwy 51 NE, Steinhatchee, FL 32359

Single-tenant net-leased property occupied by a national retailer with lease term remaining and a renewal option.

Property SizeContact for details
Days on Market144

Property Features for 1209 Hwy 51 NE

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Vero Capital Group
Listed By: Michael Talbert · License #SL3418448
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 7:55PM

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 Vero Capital Group

Investment Insights

Based on property information with market context.

This single-tenant NNN property is occupied by Dollar General, which has operated at the site for over 18 years. The existing lease has 1+ years remaining and includes one 5-year renewal option, providing a defined contractual structure for the property. The asset is positioned along FL Highway 51, identified as Steinhatchee’s primary commercial and commuter corridor, with frontage on the route. The property is located at 1209 Highway 51 NE in Steinhatchee, Florida. Dollar General is described as the town’s only national retailer, while the closest national grocery store, drug store, or dollar store is more than 23 miles away in Cross City, Florida.

Key Highlights

  • Dollar General has operated at the property for over 18 years
  • 1+ years remaining on the existing lease
  • One (1), 5‑year renewal option

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Electrical Service Storage Facility Garden Center Grocery & Convenience Store Pharmacy Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

132
Businesses Nearby

Demographics for 32359, FL

1,837
Population
2,068
Households
0.9
Avg Household Size
59
Median Age
22%
College-Educated
97%
High-School Grad
183.8 sq mi
ZIP Area
10
Density / Sq Mi
$51,250
Median Household Income
$141,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
NNN property - Single-tenant net-leased property occupied by a national retailer with lease term remaining and a renewal option.
Where is this nnn property located?
The property is located at 1209 Hwy 51 NE Steinhatchee, FL.
What are key features of this property?
This property features: Dollar General has operated at the property for over 18 years; 1+ years remaining on the existing lease; One (1), 5‑year renewal option
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message