Listing Agency: Marcus & Millichap - San Diego p***@marcusmillichap.com Show Phone

Listed By: Phil Sambazis · License #01474991

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 8:51PM

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Investment Insights

Based on property information with market context.

Identified as Dollar General Plus, this retail property contains 10,640 SF of space. The asset is offered for sale with a 6.40% CAP rate and is located at 1334 Jackson Ave in Chipley, Florida 32428.

Key Highlights

• 10,640 SF of retail space
• 6.40% CAP rate
• Located at 1334 Jackson Ave, Chipley, FL 32428

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Bakery Garden Center HVAC Service Carpet & Flooring Store

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

Location Intelligence

Trade Area within ½ mile

441

Businesses Nearby

29k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 72% Groceries 24% Beauty & Spa 4%

Dollar General Market Groceries

6,882 visits/mo 0.2 miles

Exxon Shops & Services

6,067 visits/mo 0.0 miles

Wells Fargo Shops & Services

5,395 visits/mo 0.5 miles

Regions Bank Shops & Services

4,499 visits/mo 0.5 miles

Marathon Petroleum Shops & Services

3,525 visits/mo 0.3 miles

Demographics for 32428, FL

17,946

Population

7,475

Households

2.4

Avg Household Size

42

Median Age

13%

College-Educated

83%

High-School Grad

285.9 sq mi

ZIP Area

63

Density / Sq Mi

$52,234

Median Household Income

$34,395

Median Earnings

$896

Median Rent

$157,900

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Commercial retail space offered for sale in Chipley.

Where is this retail space located?

The property is located at 1334 Jackson Ave Chipley, FL.

What are key features of this property?

This property features: 10,640 SF of retail space; 6.40% CAP rate; Located at 1334 Jackson Ave, Chipley, FL 32428