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New Grocery and Convenience Store
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Pending

2973 Gamble Rd, Monticello, FL 32344

Dollar General lease includes a fifteen-year triple-net term and five five-year extension options.

Property Size10,640 SF
Days on Market145

Property Features for 2973 Gamble Rd

General Information

Standard status Pending
Size 10,640 SF
Property subtype Retail

Building Details

Year Built 2022
Buildings 1
Tenancy Single
Listing Agency: Marcus & Millichap - Orange County
Listed By: Blake Davey · License #CA 01994926
Source: Crexi
Added: Apr 11 Changed: Sep 2 Last Checked: Aug 31 at 8:51PM

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 - Orange County

Investment Insights

Based on property information with market context.

Constructed in 2022, this ±10,640-square-foot grocery and convenience store is leased to Dollar General. The property is located at 2973 Gamble Rd in Monticello, Florida, within Jefferson County.

The lease is structured on a triple-net basis with an initial fifteen-year term, five five-year extension options, and 10% increases. Dollar General is a publicly traded company with an investment grade “BBB” credit rating from Standard & Poor’s.

Key Highlights

  • ±10,640‑square‑foot Dollar General grocery and convenience store
  • 2022 construction at 2973 Gamble Rd, Monticello, FL 32344
  • Fifteen‑year triple‑net lease with five five‑year extension options

Property Analytics

Current Use

Blue Rhino Propane ... Propane Supplier Western Union Bank Dollar General Discount Store

Suggested Use

Top Pick Grocery & Convenience Store Big Box & Wholesale Store Building Supply Auto Repair Shop Auto Parts Store Discount 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.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

51
Businesses Nearby
6k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
5,572 visits/mo 0.1 miles

Demographics for 32344, FL

12,705
Population
5,988
Households
2.1
Avg Household Size
49
Median Age
21%
College-Educated
87%
High-School Grad
444.6 sq mi
ZIP Area
29
Density / Sq Mi
$52,222
Median Household Income
$37,131
Median Earnings
$776
Median Rent
$208,600
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
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Dollar General lease includes a fifteen-year triple-net term and five five-year extension options.
Where is this grocery and convenience store located?
The property is located at 2973 Gamble Rd Monticello, FL.
What are key features of this property?
This property features: ±10,640‑square‑foot Dollar General grocery and convenience store; 2022 construction at 2973 Gamble Rd, Monticello, FL 32344; Fifteen‑year triple‑net lease with five five‑year extension options
More about this property
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