Dollar General NNN
For Sale
Contact for pricing
Pending
5650 US-90, Defuniak Springs, FL 32433
Newer construction with a corporate-guaranteed NNN lease and tenant responsibility for taxes, insurance, roof, and structure.
Property Size10,640 SF
Days on Market144
Property Features for 5650 US-90
General Information
Standard status
Pending
Size
10,640 SF
Property subtype
Retail
Site & Location
Corner Location
Yes
Traffic Count
10,400 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2023
Buildings
1
Tenancy
Single
Listing Agency:
Marcus & Millichap - Atlanta
(678) 808-2762
Listed By:
Don McMinn · License #GA 292036
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 12:40AM
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 - Atlanta
Investment Insights
Based on property information with market context.
This Dollar General property contains a 10,640-square-foot building completed in 2023, with rent commencing in February 2023. The asset is occupied under a corporate-guaranteed NNN lease with a 15-year initial term and over 14 years remaining. Dollar General is responsible for taxes, insurance, roof, and structure, while the lease provides 10% rent increases during each of five 5-year option periods.
The property occupies a corner lot along Hwy 90 in DeFuniak Springs, Florida. Traffic counts are reported at 10,400 VPD on Hwy 90 and 27,677 VPD on the nearby interstate. The surrounding 5-mile population is 12,645, with nearly 40% growth identified in the source information. Dollar General is described as a publicly traded Fortune 500 company with an S&P investment grade credit rating of BBB, more than 19,000 locations, and 83 years in business.
The property occupies a corner lot along Hwy 90 in DeFuniak Springs, Florida. Traffic counts are reported at 10,400 VPD on Hwy 90 and 27,677 VPD on the nearby interstate. The surrounding 5-mile population is 12,645, with nearly 40% growth identified in the source information. Dollar General is described as a publicly traded Fortune 500 company with an S&P investment grade credit rating of BBB, more than 19,000 locations, and 83 years in business.
Key Highlights
- 10,640 SF building completed in 2023
- Corporate‑guaranteed 15‑year NNN lease with over 14 years remaining
- Tenant covers taxes, insurance, roof, and structure
Property Analytics
Current Use
Lease Details
10,400 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
Business Placement
Demographics for 32433, FL
18,036
Population
8,059
Households
2.2
Avg Household Size
40
Median Age
13%
College-Educated
83%
High-School Grad
251.3 sq mi
ZIP Area
72
Density / Sq Mi
$51,604
Median Household Income
$35,086
Median Earnings
$1,045
Median Rent
$152,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Newer construction with a corporate-guaranteed NNN lease and tenant responsibility for taxes, insurance, roof, and structure.
Where is this nnn property located?
The property is located at 5650 US-90 Defuniak Springs, FL.
What are key features of this property?
This property features: 10,640 SF building completed in 2023; Corporate‑guaranteed 15‑year NNN lease with over 14 years remaining; Tenant covers taxes, insurance, roof, and structure
