1263 6Th St Macclenny, FL 32063

This exceptional investment opportunity presents a fee-simple ownership of a Dollar General store located at 1263 S 6th St, Macclenny, FL 32063. The 9,100 square foot building, constructed in 2010, sits on a 1.34-acre lot and boasts a 100% occupancy rate with a credit-rated, corporate-guaranteed Absolute NNN lease. The lease, with a remaining term of 5.2 years, includes four 5-year renewal options with a 10% rent increase at each option, providing a strong hedge against inflation. The current annual net operating income (NOI) is $125,004, resulting in a 6.75% cap rate and a price per square foot of $203.51. The property benefits from its location on a primary retail corridor, with nearby national tenants including Winn-Dixie, Tractor Supply, and several fast-food restaurants. Strong demographics within a 3-mile radius, including a population exceeding 13,000 and an average household income of approximately $100,000, further enhance the investment's appeal. The property's proximity to Northeast Florida State Hospital and Ed Fraser Memorial Hospital adds to its strategic location. This is a rare opportunity to acquire a stable, high-performing retail asset in a desirable location within a tax-free state. The property's parcel number is 05-3S-22-0066-0000-0025.