Dollar General Plus NNN
For Sale
Contact for pricing
4148 Avalon Blvd, Milton, FL 32583
Brand new 10,640 SF Dollar General PLUS with a 15-year absolute NNN lease and corporately guaranteed rent.
Property Size10,640 SF
Days on Market143
Property Features for 4148 Avalon Blvd
General Information
Standard status
Active
Size
10,640 SF
Property subtype
Retail
Site & Location
Traffic Count
22,700 vehicles/day
Road Access
Yes
Additional Details
Cap Rate
4.5%
Listing Agency:
Fortis Net Lease
(248) 419-3810
Listed By:
Bryan Bender · License #MI 6501319610
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 23 at 1:34PM
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.
Fortis Net Lease presents a brand new, upgraded 10,640 SF Dollar General PLUS retail store offered for sale. The property is in a net lease structure with an absolute NNN term described as 15 years, providing “zero landlord responsibilities,” and includes four (5-year) renewal options. The lease is corporately guaranteed by Dollar General Corporation, which is stated as having a “BBB” credit rating (investment grade). Rent is described as on track for commencement in January 2022.
The site is highly visible on a signalized corner at Avalon Blvd. and Commerce Rd., with 22,700 cars per day noted in the remarks. Access is supported by two points of ingress/egress, allowing convenient entries from either road.
The offering is presented as fee simple ownership and the remarks include a stated 1031 exchange/pasive investor fit. The provided underwriting details reference an NOI of $127,248 and a 4.50% cap rate based on the list price reflected in the materials.
The site is highly visible on a signalized corner at Avalon Blvd. and Commerce Rd., with 22,700 cars per day noted in the remarks. Access is supported by two points of ingress/egress, allowing convenient entries from either road.
The offering is presented as fee simple ownership and the remarks include a stated 1031 exchange/pasive investor fit. The provided underwriting details reference an NOI of $127,248 and a 4.50% cap rate based on the list price reflected in the materials.
Key Highlights
- 10,640 SF Dollar General PLUS store in Milton, Florida.
- 15‑year absolute NNN lease with zero landlord responsibilities.
- Corporately guaranteed by Dollar General Corporation (investment grade BBB).
Property Analytics
Property Profile
Current Use
Lease Details
22,700 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
154
Businesses Nearby
20k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
11,567 visits/mo
0.1 miles
Tom Thumb Food Stores
Shops & Services
8,049 visits/mo
0.1 miles
Interstate Batteries
Shops & Services
822 visits/mo
0.4 miles
Demographics for 32583, FL
31,047
Population
11,169
Households
2.8
Avg Household Size
41
Median Age
22%
College-Educated
87%
High-School Grad
125.1 sq mi
ZIP Area
248
Density / Sq Mi
$84,957
Median Household Income
$42,193
Median Earnings
$1,307
Median Rent
$229,700
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?
Retail space - Brand new 10,640 SF Dollar General PLUS with a 15-year absolute NNN lease and corporately guaranteed rent.
Where is this retail space located?
The property is located at 4148 Avalon Blvd Milton, FL.
What are key features of this property?
This property features: 10,640 SF Dollar General PLUS store in Milton, Florida.; 15‑year absolute NNN lease with zero landlord responsibilities.; Corporately guaranteed by Dollar General Corporation (investment grade BBB).
