580 W Palm Dr Homestead, FL 33034

- MIAMI MSA • The subject Dollar General is located 40 minutes south of downtown Miami off Hwy 1 (35,500 VPD). • Miami is a major center and leader in finance, commerce, culture, arts, and international trade. Miami’s metropolitan area is by far the largest urban economy in Florida, with a gross domestic product of $344.9 billion. • According to a 2018 UBS study of 77 world cities, Miami is the second richest city in the U.S. and the third richest globally in purchasing power. • PortMiami, the city’s seaport, is the busiest cruise port in the world in both passenger traffic and cruise lines. Miami is the second largest tourism hub for international visitors, after New York City. • The Health District is home to several major University of Miami-affiliated hospital and health facilities, including Jackson Memorial Hospital, the nation’s largest hospital with 1,547 beds TAX FREE STATE • Florida is one of 7 U.S. States that has no State Income Tax. 5 MILE POPULATION 120,740 WITH 14% GROWTH • The 5-mile population is 120,740 with over 14% growth, and the Average Household Income is $65,689 which is superior to most Dollar General locations. • This store sits on West Palm Drive (25,000 VPD) less than half a mile off Hwy 1 (35,500 VPD). • National retailers within a 3 mile radius include two Publix Super Markets, Target, Lowe’s Home Improvement, Home Depot, Walmart, Best Buy and many more. • Homestead Air Reserve Base is only 10 minutes from this Dollar General. The base serves approximately 1,600 active-duty service members, 1,200 reservists, and 325 civilians. • Property is a few miles away from Homestead- Miami Speedway, a 600-acre facility that accommodates over 65,000 racing fans. NNN CORPORATE GUARANTEED DOLLAR GENERAL • This property is a 9,100 SF Build-to-suit Dollar General located in Florida City (Homestead), FL. • The store opened in April 2012 and has approximately 4-years remaining on the initial 15-Year Corporate Guaranteed NNN Lease • Tenant is 100% responsible for all expenses including taxes, insurance, CAM, roof and structure. • There are 10% rent increases in each of the six 5-year option periods. INVESTMENT GRADE TENANT • Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB. • Currently over 19,000 locations and expanding by 1,000 stores each year. • Dollar General has been in business for 80 years and has a current net worth of over $6.2 billion.