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Absolute NNN Retail Property
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1289 E US 92, Dover, FL 33527

Dollar General operates under a corporate guaranty and absolute NNN lease.

Property Size9,100 SF
Days on Market145

Property Features for 1289 E US 92

General Information

Standard status Active
Size 9,100 SF
Property subtype Retail

Additional Details

Traffic Count 12,100 vehicles/day

Building Details

Buildings 1
Tenancy Single
Listing Agency: Fortis Net Lease
Listed By: Bryan Bender · License #MI 6501319610
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 8:46PM

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 Fortis Net Lease

Investment Insights

Based on property information with market context.

This 9,100-square-foot retail property in Dover, Florida, is occupied by a Dollar General store and structured under a 15-year absolute NNN lease. The arrangement assigns landlord responsibilities away from the owner and includes four five-year renewal options, each providing a 10% rental rate increase. The lease is backed by Dollar General Corporation, which carries a BBB credit rating identified as investment grade.

The store is positioned along US-92, also known as E Hillsborough Avenue, with reported traffic of 12,100 cars per day. Demographic information includes a five-mile population of 67,594 and average household income of $77,277 within one mile. Construction was nearing completion, with rent scheduled to begin in February 2019.

Key Highlights

  • 9,100 SF Dollar General retail store in Dover, Florida
  • 15‑year absolute NNN lease with no landlord responsibilities
  • Four 5‑year renewal options, each with a 10% rental rate increase

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Auto Repair Shop HVAC Service Gym & Fitness Center Kitchen & Bath Showroom Grocery & Convenience Store Accounting Firm

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

12,100 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

32
Businesses Nearby

Demographics for 33527, FL

16,259
Population
5,768
Households
2.8
Avg Household Size
37
Median Age
20%
College-Educated
80%
High-School Grad
31.4 sq mi
ZIP Area
518
Density / Sq Mi
$77,658
Median Household Income
$37,777
Median Earnings
$944
Median Rent
$347,300
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
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Frequently Asked Questions

What type of property is this?
NNN property - Dollar General operates under a corporate guaranty and absolute NNN lease.
Where is this nnn property located?
The property is located at 1289 E US 92 Dover, FL.
What are key features of this property?
This property features: 9,100 SF Dollar General retail store in Dover, Florida; 15‑year absolute NNN lease with no landlord responsibilities; Four 5‑year renewal options, each with a 10% rental rate increase
(248) 419-3810 Call to check price and availability
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