Dollar General Plus Grocery
For Sale
Contact for pricing
22804 US HWY 129, O Brien, FL 32071
Under-construction store with a long-term absolute NNN lease and scheduled November 2026 opening.
Property Size10,640 SF
Price / SF$282.77
Days on Market13
Property Features for 22804 US HWY 129
General Information
Standard status
Active
Size
10,640 SF
Total Parking Spaces
35
Property subtype
Retail
Zoning
Commercial
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$185,034
Site & Location
Traffic Count
3,357 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Cap Rate
6.15%
Building Details
Year Built
2026
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Fortis Net Lease
(248) 419-3810
Listed By:
Bryan Bender · License #MI 6501319610
Source:
Crexi
Added: Aug 18
Changed: Aug 29
Last Checked: Aug 29 at 10:29PM
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 Fortis Net Lease
Investment Insights
Based on property information with market context.
This 10,640-square-foot Dollar General Plus store is under construction in O'Brien, Florida, with completion and operations scheduled for November 2026. The property is subject to a 15-year absolute NNN lease, placing landlord responsibility for property-level obligations with the tenant. Five-year renewal options are included, with 5% rent increases scheduled every 5 years, including the option periods. The lease is backed by a corporate guarantee from Dollar General Corporation, which carries a BBB investment-grade credit rating.
The store is positioned along US Highway 129 at 22804 US HWY 129 and is projected to receive 3,357 cars per day. The site is described as the only dollar store serving the community, with 14,940 residents within 10 miles. Commercial zoning supports the property’s retail use.
The store is positioned along US Highway 129 at 22804 US HWY 129 and is projected to receive 3,357 cars per day. The site is described as the only dollar store serving the community, with 14,940 residents within 10 miles. Commercial zoning supports the property’s retail use.
Key Highlights
- 10,640 SF Dollar General Plus store under construction
- 15‑year absolute NNN lease with five 5‑year renewal options
- 5% rent increases every 5 years, including renewal options
Property Analytics
Current Use
Lease Details
3,357 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32071, FL
3,854
Population
1,562
Households
2.5
Avg Household Size
50
Median Age
17%
College-Educated
80%
High-School Grad
103.6 sq mi
ZIP Area
37
Density / Sq Mi
$49,563
Median Household Income
$25,474
Median Earnings
$672
Median Rent
$136,100
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?
Grocery and convenience store - Under-construction store with a long-term absolute NNN lease and scheduled November 2026 opening.
Where is this grocery and convenience store located?
The property is located at 22804 US HWY 129 O Brien, FL.
What is the asking price?
The asking price for this property is $3,008,683.
What are key features of this property?
This property features: 10,640 SF Dollar General Plus store under construction; 15‑year absolute NNN lease with five 5‑year renewal options; 5% rent increases every 5 years, including renewal options
