Absolute NNN Retail
New
For Sale
$2,009,111
1618 Golf Course Rd, Perry, FL 32348
New prototype store supported by a long-term corporate lease and scheduled 2026 delivery.
Property Size9,100 SF
Price / SF$220.78
Days on Market4
Property Features for 1618 Golf Course Rd
General Information
Standard status
Active
Size
9,100 SF
Property subtype
Discount
Lease Type
Absolute Net
Amenities
New 15-year absolute NNN lease with corporate guaranty from Dollar General Corporation(NYSE: DG) — delivering long-term, passive income.
5% rental increases every five years throughout the primary term and across five, five-year renewal options — providing 40 years of embedded income growth potential.
Brand-new 9,100 SF prototype delivering October 25, 2026 — 1031-friendly turnkey asset with zero landlord responsibilities.
Doctors Memorial Hospital (~280 employees), Tallahassee Memorial Healthcare (~202), and County of Taylor government drive a stable daytime population and low ~2.4% unemployment.
S&P 'BBB' and Moody's 'Baa3' rated — both investment grade — backed by ~$42.7B in FY2025 revenue and 20,893 stores across the U.S. and Mexico.
82% of Dollar General sales are consumables — a discount-retail category that has historically outperformed through economic cycles and remains e-commerce-resistant.
Building Details
Building Size
9,100 SF
Listing Agency:
Orange County Office
(949) 419-3315
Listed By:
Kyle Blatt · License #License(s): CA: 02017976
(949) 419-3315
Source:
Marcusmillichap
Added: Aug 26
Changed: Aug 28
Last Checked: Aug 29 at 5:55AM
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 Orange County Office
Investment Insights
Based on property information with market context.
This retail property is planned as a 9,100-square-foot Dollar General prototype store on a 3-acre site. Delivery is scheduled for October 25, 2026, with the property leased under a 15-year absolute NNN agreement to Dollar General Corporation. The lease includes rent increases at five-year intervals and places landlord responsibilities with the tenant under the stated structure.
The site is located at 1618 Golf Course Rd in Perry, Florida, the seat of Taylor County. The surrounding trade area includes Doctors Memorial Hospital, Tallahassee Memorial Healthcare, and local government employment. Doctors Memorial Hospital employs approximately 280 people, while Tallahassee Memorial Healthcare employs approximately 202 employees. The area is also described with an unemployment rate of approximately 2.4%.
The site is located at 1618 Golf Course Rd in Perry, Florida, the seat of Taylor County. The surrounding trade area includes Doctors Memorial Hospital, Tallahassee Memorial Healthcare, and local government employment. Doctors Memorial Hospital employs approximately 280 people, while Tallahassee Memorial Healthcare employs approximately 202 employees. The area is also described with an unemployment rate of approximately 2.4%.
Key Highlights
- 15‑year absolute NNN lease with Dollar General Corporation
- 9,100 SF prototype retail store scheduled for October 25, 2026 delivery
- 3‑acre site at 1618 Golf Course Rd, Perry, FL 32348
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
33
Businesses Nearby
Explore this area
Business Placement
Demographics for 32348, FL
11,782
Population
5,463
Households
2.2
Avg Household Size
42
Median Age
14%
College-Educated
81%
High-School Grad
322.5 sq mi
ZIP Area
37
Density / Sq Mi
$48,343
Median Household Income
$37,073
Median Earnings
$932
Median Rent
$96,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
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 - New prototype store supported by a long-term corporate lease and scheduled 2026 delivery.
Where is this nnn property located?
The property is located at 1618 Golf Course Rd Perry, FL.
What is the asking price?
The asking price for this property is $2,009,111.
What are key features of this property?
This property features: 15‑year absolute NNN lease with Dollar General Corporation; 9,100 SF prototype retail store scheduled for October 25, 2026 delivery; 3‑acre site at 1618 Golf Course Rd, Perry, FL 32348
