Dollar General Convenience
544 Meadow Rd, Lehigh Acres, FL 33973
For Sale
Contact for pricing
The 2020-built store is zoned C-2 and reported fully occupied.
Property Size7,433 SF
Price / SF$317.50
Days on Market21
Property Features for 544 Meadow Rd
General Information
Standard status
Size
Property subtype
Zoning
Occupancy
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
The Rotella Group Inc.
Listed By:
Clinton Casey · License FL BK3003684
(954) 684-2686
Source:
Crexi
Added: Oct 20
Changed: Nov 8
Last Checked: Nov 8 at 5:10PM
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 The Rotella Group Inc.
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Investment Insights
Based on property information with market context.
This 7,433-square-foot Dollar General store was built in 2020 and carries C-2 zoning. The property is reported at 100% occupancy.
Located at 544 Meadow Rd in Lehigh Acres, Florida, the asset is identified as a grocery and convenience store.
Located at 544 Meadow Rd in Lehigh Acres, Florida, the asset is identified as a grocery and convenience store.
Key Highlights
- 7,433 SF Dollar General store
- Constructed in 2020
- C‑2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$100,004
Cap Rate
4.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,000,080
$2.0M
Cap Rate 7%
$1,428,629
$1.4M
Cap Rate 9%
$1,111,156
$1.1M
Market Conditions
NOI Build-Up for 7,433 SF
Gross rent
$134.7K $18.12/SF
− Vacancy
−$1.3K −$0.18/SF
EGI
$133.3K $17.94/SF
− OpEx
−$33.3K −$4.48/SF
NOI
$100.0K $13.45/SF
Area
Lee County, FL
Vacancy
1.00%
Lease Rate
$18.12 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,000,080
Cap Rate 7%
$1,428,629
Cap Rate 9%
$1,111,156
Alternative Uses
Best Use
Specialty Retail
$1.43M
$1.25M – $1.67M
NOI $100,004 @ 7.0% cap · market cap 4.24%
Second Best
Retail
$1.39M
$1.22M – $1.63M
NOI $97,508 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$2.34M
$2.05M – $2.73M
NOI $163,764 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
93
Businesses Nearby
8k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
7,952 visits/mo
0.1 miles
Demographics for 33973, FL
12,728
Population
4,286
Households
3
Avg Household Size
28
Median Age
11%
College-Educated
81%
High-School Grad
3.8 sq mi
ZIP Area
3,349
Density / Sq Mi
$57,216
Median Household Income
$34,676
Median Earnings
$1,432
Median Rent
$334,800
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
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - The 2020-built store is zoned C-2 and reported fully occupied.
Where is this grocery and convenience store located?
The property is located at 544 Meadow Rd Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $2,360,000.
What are key features of this property?
This property features: 7,433 SF Dollar General store; Constructed in 2020; C‑2 zoning
