Dollar General NNN Investment
2216 18th Ave S, St Petersburg, FL 33712
Call to check price and availability
Freestanding Dollar General in St. Petersburg with long-term lease.
Type:Retail
Property size:
9,002 SFLot size:
1.45 AcresPrice / SF:
$306/SF- Added:
- Mar 11, 2026
- Days on Market:
- 64
- Last Refresh:
- Mar 19 at 10:42 pm
Property Features for 2216 18th Ave S
General Information
- Standard status
- Active
- Size
- 9,002 SF
- Lot size
- 1.45 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2011
Listing agent Gabriel Britti License #FL SL3211804
Listing office Marcus & Millichap - Issenberg Britti Group (786) 522-7017
Listing date Mar 11, 2026
Source Crexi
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 - Issenberg Britti Group
HighLights
- Absolute NNN lease with zero landlord responsibilities and a full corporate guarantee from Dollar General Corporation (NYSE: DG).
- Approximately five years of lease term remaining through August 2026, with Dollar General having already exercised its first 5‑year renewal option extending occupancy through August 31, 2031.
- Structured rent growth with 10 percent rental increases every five years and four additional 5‑year options beyond the exercised term.
- Located in Saint Petersburg, Florida, the fifth most populous city in Florida and a primary submarket of the Tampa Bay MSA (over 3.29 million people).
- Strong demographics with a population exceeding 217,997 within a 5‑mile radius and a median household income of $75,628, projected to climb 17.1% over the next five years.
- Freestanding, single‑tenant property on an oversized 1.45‑acre (63,162 SF) parcel, originally built in 2011.
Overview
This corporate Dollar General store is located at 2216 18th Avenue S in Saint Petersburg, Florida. The freestanding, single tenant property sits on a 1.45-acre (63,162 SF) parcel and was originally built in 2011. The investment is structured as an Absolute NNN lease with zero landlord responsibilities, backed by a full corporate guarantee from Dollar General Corporation. The lease has approximately five years of term remaining through August 2026. Dollar General has already exercised its first 5-year renewal option extending occupancy through August 31, 2031. The lease structure includes 10 percent rental increases every five years and four additional 5-year options beyond the exercised term. Saint Petersburg is the fifth most populous city in Florida and a primary submarket of the Tampa Bay MSA. Within a 5-mile radius, the population exceeds 217,997 with a median household income of $75,628, projected to climb 17.1% over the next five years. The site is surrounded by several large apartment communities including 1701 Central, Arte, Vantage St. Pete, Camden Central, and The Exchange. Colleges and universities nearby include St. Petersburg College (23,350 students), USF St. Petersburg (4,000 students), and Eckerd College. Major employers include Raymond James, Publix Supermarkets, Jabil, Bayfront Medical, Spectrum, and Fidelity National Information Services. The property is 9,002 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Dollar General
Grocery & Convenience Store
Western Union
Bank
Similar Places Nearby
- Midtown Supermarket — 1856 18th Ave S, St. Petersburg, FL 33712
Location Insight
- Map
- Local Demand
- City
- St Petersburg
- County
- Pinellas
- State
- Florida
- Longitude
- -82.6635974
- Latitude
- 27.7518183
Nearby Similar for Sale
FAQs
What type of property is this?
Grocery and convenience store - Freestanding Dollar General in St. Petersburg with long-term lease.
Where is this grocery and convenience store located?
The property is located at 2216 18th Ave S St Petersburg, FL.
What is the asking price?
The asking price for this property is $2,759,740.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities and a full corporate guarantee from Dollar General Corporation (NYSE: DG).; Approximately five years of lease term remaining through August 2026, with Dollar General having already exercised its first 5‑year renewal option extending occupancy through August 31, 2031.; Structured rent growth with 10 percent rental increases every five years and four additional 5‑year options beyond the exercised term.
