5283 Hwy 231 Campbellton, FL 32426-6831

This exceptional investment opportunity presents a 9,100 square foot Dollar General store located at 5283 Highway 231, Campbellton, Florida 32426. Built in 2014, this absolute NNN leased property boasts a 7.25% cap rate and a compelling $1,141,779 asking price. The lease, with 4.4 years remaining on the initial 15.1-year term, includes four, five-year renewal options with built-in rent increases. Landlord responsibilities are zero, as the tenant fully reimburses for real estate taxes and participates in Dollar General's national insurance program. Strategically positioned at a signalized intersection of Highway 231 and FL State Road 2, this location benefits from high daily traffic counts exceeding 17,000 vehicles. The property sits on a 1.14-acre lot and enjoys a competitive advantage as the only Dollar General within several miles, serving both local residents and through-traffic. The surrounding area features a strong agricultural presence and highly-rated ("A" grade) public schools. Campbellton's location, approximately one hour north of Panama City, adds to its appeal. This investment-grade property, backed by a strong tenant with an S&P "BBB" credit rating, offers a secure and profitable return. The price per square foot is $125.47, and the annual net operating income (NOI) is $82,779.