Dollar General Absolute NNN
1610 Edgewood Ave W Jacksonville, FL 32208
1610 Edgewood Ave W, Jacksonville, FL, 32208
Contact for pricing
For Sale
Contact for pricing
For sale Dollar General storefront offered on an absolute NNN basis in Jacksonville, Florida.
Property Size9,100 SF
Price / SF$209.98
Days on Market112
Property Features for 1610 Edgewood Ave W
General Information
- Standard status
- Active
- Size
- 9,100 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2010
Listing agency
Ripco Real Estate
(863) 289-0387
Listed by
Ari Ravi · License #SL- 3210827
Source
Crexi
Added: Apr 1 Updated: Jul 21 at 1:05AM Checked: Jul 21 at 4:18AM
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 Ripco Real Estate
Investment Insights
Based on property information with market context.
This for-sale Dollar General storefront is offered as an absolute NNN property. The asset is positioned as a specialty retail store within the provided commercial property classification set, and it is presented with an absolute triple-net structure as stated in the public remarks.
The property address is 1610 Edgewood Ave W, Jacksonville, FL 32208. The listed property size is 9,100 square feet.
The offering is marketed specifically as an absolute NNN retail investment, aligning with investors seeking a property structured for tenant-paid expenses under a net lease framework.
The property address is 1610 Edgewood Ave W, Jacksonville, FL 32208. The listed property size is 9,100 square feet.
The offering is marketed specifically as an absolute NNN retail investment, aligning with investors seeking a property structured for tenant-paid expenses under a net lease framework.
Key Highlights
- Dollar General storefront for sale in Jacksonville, Florida
- Offered on an absolute NNN basis
- Year built: 2010
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $196.6k | $21.60 |
| − Vacancy | −$15.7k | −$1.73 |
| EGI | $180.8k | $19.87 |
| − OpEx | −$45.2k | −$4.97 |
| NOI | $135.6k | $14.90 |
9,100 SF · lease $21.60/SF/yr · vacancy 8.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.94M
$1.70M – $2.26M
NOI $135,626 @ 7.0% cap · market cap 7.10%
Second Best
Retail
$1.47M
$1.29M – $1.71M
NOI $102,850 @ 7.0% cap · market cap 5.38%
Theoretical Best
Office A
$2.49M
$2.18M – $2.91M
NOI $174,502 @ 7.0% cap · market cap 9.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Dollar General
Discount Store
Western Union
Bank
Similar For Sale Nearby
FAQs
What type of property is this?
Grocery and convenience store - For sale Dollar General storefront offered on an absolute NNN basis in Jacksonville, Florida.
Where is this grocery and convenience store located?
The property is located at 1610 Edgewood Ave W Jacksonville, FL.
What is the asking price?
The asking price for this property is $1,910,800.
What are key features of this property?
This property features: Dollar General storefront for sale in Jacksonville, Florida; Offered on an absolute NNN basis; Year built: 2010
