2112 13th St, Gainesville, FL 32608-1535

This exceptional investment opportunity presents a fee-simple, single-tenant Dollar General property located at 2112 SW 13th St, Gainesville, FL 32608. The 9,000 square foot building, constructed in 2009 on a 0.88-acre lot, boasts a strong 6.35% cap rate and a substantial net operating income (NOI) of $127,248. The property benefits from a long-term, net lease with a credit-rated, corporate-guaranteed tenant. The lease, originally commencing October 26, 2009, has a remaining term of approximately 4.9 years, followed by two 5-year renewal options with 10% rent increases each. Dollar General enjoys excellent visibility on a major commercial corridor (US Route 441), surrounded by complementary businesses, student housing, and residential communities. The property's strategic location is less than a mile from major hospitals and 1.5 miles from the University of Florida, benefiting from a large and diverse customer base. Daily traffic counts exceed 22,000 vehicles. The surrounding area boasts a strong demographic profile, with over 84,400 people within a 3-mile radius and an average household income exceeding $58,586. This property offers a compelling combination of strong tenant credit, a desirable location, and significant upside potential through lease escalations, making it an attractive investment for passive investors seeking stable, long-term income. The landlord is responsible for roof and structure maintenance