Dollar General NNN
For Sale
Contact for pricing
950 Old Dixie Hwy SW, Vero Beach, FL 32962
Corporate-guaranteed triple-net lease with renewal options and a prominent Vero Beach intersection location.
Property SizeContact for details
Days on Market143
Property Features for 950 Old Dixie Hwy SW
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Corner Location
Yes
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Marcus & Millichap - Fort Lauderdale
(561) 706-9646
Listed By:
Alan Lipsky · License #FL SL3279054
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 8:26PM
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 Marcus & Millichap - Fort Lauderdale
Investment Insights
Based on property information with market context.
This Dollar General property is subject to a fifteen-year triple-net lease backed by a corporate guarantee. The base term has 10 years remaining, followed by three five-year renewal options. The asset is positioned at the intersection of Dixie Highway and Oslo Boulevard, directly off U.S. Route 1.
Traffic exposure includes more than 22,900 vehicles per day at the intersection and more than 34,500 vehicles daily on U.S. Route 1. The property is four miles from downtown Vero Beach, five miles from South Beach Park, and 5.5 miles from Vero Beach Regional Airport. Vero Beach is situated along Florida’s Atlantic Coast, while Indian River County includes more than 100,000 acres of conservation land.
Traffic exposure includes more than 22,900 vehicles per day at the intersection and more than 34,500 vehicles daily on U.S. Route 1. The property is four miles from downtown Vero Beach, five miles from South Beach Park, and 5.5 miles from Vero Beach Regional Airport. Vero Beach is situated along Florida’s Atlantic Coast, while Indian River County includes more than 100,000 acres of conservation land.
Key Highlights
- Dollar General occupied under a fifteen‑year triple‑net lease
- Corporate‑guaranteed lease with 10 years remaining on the base term
- Three, five‑year tenant renewal options
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
319
Businesses Nearby
99k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Groceries 31%
Shops & Services 20%
Home Improvements & Furnishings 6%
Publix
Groceries
30,459 visits/mo
0.2 miles
McDonald's
Dining
26,661 visits/mo
0.1 miles
Wendy's
Dining
15,028 visits/mo
0.1 miles
Dollar General
Shops & Services
9,734 visits/mo
0.1 miles
d's Ace Hardware
Home Improvements & Furnishings
6,422 visits/mo
0.2 miles
Demographics for 32962, FL
26,011
Population
12,705
Households
2
Avg Household Size
49
Median Age
25%
College-Educated
90%
High-School Grad
12.5 sq mi
ZIP Area
2,081
Density / Sq Mi
$65,137
Median Household Income
$32,617
Median Earnings
$1,184
Median Rent
$247,700
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?
NNN property - Corporate-guaranteed triple-net lease with renewal options and a prominent Vero Beach intersection location.
Where is this nnn property located?
The property is located at 950 Old Dixie Hwy SW Vero Beach, FL.
What are key features of this property?
This property features: Dollar General occupied under a fifteen‑year triple‑net lease; Corporate‑guaranteed lease with 10 years remaining on the base term; Three, five‑year tenant renewal options
