Dollar General Plus NNN
4148 Avalon Blvd Milton, FL 32583
For Sale
Contact for pricing
Brand new 10,640 SF Dollar General PLUS with a 15-year absolute NNN lease and corporately guaranteed rent.
Property Size10,640 SF
Days on Market103
Property Features for 4148 Avalon Blvd
General Information
- Standard status
- Active
- Size
- 10,640 SF
- Property subtype
- Retail
Listing Agency:
Fortis Net Lease
(248) 419-3810
Listed By:
Bryan Bender · License #MI 6501319610
Source:
Crexi
Added: Apr 12
Changed: Jul 23
Last Checked: Jul 23 at 1:34PM
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.
Fortis Net Lease presents a brand new, upgraded 10,640 SF Dollar General PLUS retail store offered for sale. The property is in a net lease structure with an absolute NNN term described as 15 years, providing “zero landlord responsibilities,” and includes four (5-year) renewal options. The lease is corporately guaranteed by Dollar General Corporation, which is stated as having a “BBB” credit rating (investment grade). Rent is described as on track for commencement in January 2022.
The site is highly visible on a signalized corner at Avalon Blvd. and Commerce Rd., with 22,700 cars per day noted in the remarks. Access is supported by two points of ingress/egress, allowing convenient entries from either road.
The offering is presented as fee simple ownership and the remarks include a stated 1031 exchange/pasive investor fit. The provided underwriting details reference an NOI of $127,248 and a 4.50% cap rate based on the list price reflected in the materials.
The site is highly visible on a signalized corner at Avalon Blvd. and Commerce Rd., with 22,700 cars per day noted in the remarks. Access is supported by two points of ingress/egress, allowing convenient entries from either road.
The offering is presented as fee simple ownership and the remarks include a stated 1031 exchange/pasive investor fit. The provided underwriting details reference an NOI of $127,248 and a 4.50% cap rate based on the list price reflected in the materials.
Key Highlights
- 10,640 SF Dollar General PLUS store in Milton, Florida.
- 15‑year absolute NNN lease with zero landlord responsibilities.
- Corporately guaranteed by Dollar General Corporation (investment grade BBB).
Property Analytics
Location Intelligence
Current Use by Public Records
Western Union
Bank
Dollar General
Discount Store
FAQs
What type of property is this?
Retail space - Brand new 10,640 SF Dollar General PLUS with a 15-year absolute NNN lease and corporately guaranteed rent.
Where is this retail space located?
The property is located at 4148 Avalon Blvd Milton, FL.
What are key features of this property?
This property features: 10,640 SF Dollar General PLUS store in Milton, Florida.; 15‑year absolute NNN lease with zero landlord responsibilities.; Corporately guaranteed by Dollar General Corporation (investment grade BBB).
