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Absolute NNN Retail Property
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4924 NW US Highway 41, Lake City, FL 32055

Newly delivered Dollar General facility with a 15-year primary lease and tenant responsibility for operating expenses and major building components.

Property Size10,640 SF
Lot Size1.85 Acres
Price / SF$251.60
Days on Market8

Property Features for 4924 NW US Highway 41

General Information

Standard status Active
Size 10,640 SF
Lot size 1.85 Acres
Property subtype Retail

Building Details

Buildings 1
Tenancy Single
Listing Agency: Marcus & Millichap - Orange County
Listed By: Kyle Blatt · License #CA 02017976
Source: Crexi
Added: Sep 3 Changed: Sep 9 Last Checked: Sep 9 at 3:12PM

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.

Completed in August 2026, this 10,640-square-foot Dollar General facility occupies a 1.85-acre site at 4924 NW US Highway 41 in Lake City, Florida. The property is leased under an absolute NNN structure with a 15-year primary term. Dollar General Corporation provides the lease guarantee, and the tenant is responsible for taxes, insurance, roofing, structural elements, and parking-related obligations.

The building serves as a single-tenant grocery and convenience retail asset within the Dollar General store network. Its lease structure places the listed property expenses and capital components with the tenant, creating a limited landlord-responsibility profile. The site address provides direct positioning along US Highway 41.

Key Highlights

  • 10,640 SF Dollar General facility on a 1.85‑acre site
  • New construction delivered in August 2026
  • 15‑year primary lease term

Property Analytics

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Current Use

Grocery and convenience stores

Suggested Use

Top Pick Building Supply Electrical Service Auto Repair Shop Bakery Carpet & Flooring Store Kitchen & Bath Showroom

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

13
Businesses Nearby

Demographics for 32055, FL

16,624
Population
7,498
Households
2.2
Avg Household Size
42
Median Age
18%
College-Educated
84%
High-School Grad
184.4 sq mi
ZIP Area
90
Density / Sq Mi
$57,328
Median Household Income
$30,840
Median Earnings
$873
Median Rent
$161,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
NNN property - Newly delivered Dollar General facility with a 15-year primary lease and tenant responsibility for operating expenses and major building components.
Where is this nnn property located?
The property is located at 4924 NW US Highway 41 Lake City, FL.
What is the asking price?
The asking price for this property is $2,677,000.
What are key features of this property?
This property features: 10,640 SF Dollar General facility on a 1.85‑acre site; New construction delivered in August 2026; 15‑year primary lease term
More about this property
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