Property summary
This exceptional investment opportunity presents a brand-new, 10,640-square-foot Dollar General Market in Chipley, Florida. Boasting a 15.1-year absolute NNN lease commencing December 9, 2024, and expiring December 31, 2039, this property offers significant long-term stability. The lease includes five 5-year renewal options with a 5% rent increase every five years, ensuring consistent income growth. The tenant, Dollar General Corporation, holds a BBB credit rating and provides a corporate… guarantee, minimizing risk. Located on a 1.49-acre lot at 3494 Washington St, Chipley, FL 32428, this single-story building features 45 parking spaces and benefits from a high-traffic corner location (4,019 cars per day). The property's strong demographics include a three-mile average household income of $60,505 and a ten-mile population of 15,070. This is the only Dollar General serving the community. The asking price of $2,500,346 reflects a 6.35% cap rate based on a net operating income (NOI) of $158,772. Built in 2024, this fee-simple property offers a passive investment opportunity with zero landlord responsibilities. The Dollar General Market format includes produce and fresh meats, enhancing its appeal and profitability. This investment is ideal for a 1031 exchange or passive investor seeking a secure, high-return asset.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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