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Dollar General Grocery Store
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34464 Cortez Blvd, Ridge Manor, FL 33523

Corporate-backed retail occupancy is structured under an absolute NNN lease with extended renewal rights.

Property SizeContact for details
Days on Market141

Property Features for 34464 Cortez Blvd

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Vero Capital Group
Listed By: Jarett Zackman · License #SL3595288
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 29 at 3:45PM

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 Vero Capital Group

Investment Insights

Based on property information with market context.

This grocery and convenience store asset is occupied by Dollar General under an absolute NNN lease. The tenant is responsible for real estate taxes, insurance, maintenance, and repairs, limiting the owner’s property-level obligations under the stated lease structure.

The agreement provides a 15-year primary term and five additional five-year renewal options. Lease credit support includes a corporate guarantee from Dollar General Corporation, identified in the source information as NYSE: DG with an S&P rating of BBB. The property is located at 34464 Cortez Blvd, Ridge Manor, Florida 33523.

Key Highlights

  • Dollar General occupancy with a corporate guarantee from Dollar General Corporation
  • Absolute NNN lease assigns real estate taxes, insurance, maintenance, and repairs to the tenant
  • 15‑year primary lease term

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Dental Office Building Supply Big Box & Wholesale Store Auto Repair Shop Parking Lot & Garage HVAC Service

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

131
Businesses Nearby
232k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 55% Shops & Services 34% Groceries 9% Hotels & Casinos 2%
RaceTrac Shops & Services
72,031 visits/mo 0.4 miles
McDonald's Dining
37,836 visits/mo 0.3 miles
Cracker Barrel Old Country Store Dining
24,106 visits/mo 0.5 miles
Winn-Dixie Groceries
20,644 visits/mo 0.1 miles
Zaxby's Chicken Fingers & Buffalo Wings Dining
15,240 visits/mo 0.3 miles

Demographics for 33523, FL

18,540
Population
8,132
Households
2.3
Avg Household Size
42
Median Age
21%
College-Educated
83%
High-School Grad
105.4 sq mi
ZIP Area
176
Density / Sq Mi
$60,897
Median Household Income
$35,283
Median Earnings
$1,020
Median Rent
$231,700
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 - Corporate-backed retail occupancy is structured under an absolute NNN lease with extended renewal rights.
Where is this grocery and convenience store located?
The property is located at 34464 Cortez Blvd Ridge Manor, FL.
What are key features of this property?
This property features: Dollar General occupancy with a corporate guarantee from Dollar General Corporation; Absolute NNN lease assigns real estate taxes, insurance, maintenance, and repairs to the tenant; 15‑year primary lease term
More about this property
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