Property summary
This exceptional investment opportunity presents a fee-simple, single-tenant Dollar General storefront in Lakeland, Florida. The 9,014 square foot building, constructed in 2004, sits on a 1.16-acre lot and boasts a 6.75% cap rate with a strong NOI of $86,602. The property enjoys a prime location on N Wabash Avenue (US Route 92), a major commercial corridor with high traffic counts (over 16,200 vehicles daily). The current lease, with Dollar General (investment-grade credit), expires July 30,… 2029, offering 4.7 years remaining and two 5-year renewal options with attractive 7.5% rent increases. The lease is a double-net (NN) structure, minimizing landlord responsibilities (landlord responsible for roof and structure only). The property benefits from a strong demographic profile, with over 63,200 people within a 3-mile radius and an average household income exceeding $76,612. Nearby amenities include Publix Supermarkets corporate headquarters, Interstate 4, and Lakeland Regional Health Medical Center. This is a compelling investment opportunity due to the strong tenant, favorable lease terms, and excellent location within a thriving retail market. The property's strategic location, coupled with the tenant's financial strength and long-term commitment, makes this a low-risk, high-reward investment.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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 · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 4 qualifying comparable sales.
Recently sold
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 recorded sales · 18 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 9,170 SF
- Lot area
- 1.16 ac
- Year built
- 2004
- Stories
- 1
- APN
- 232814078500006040
- Assessed value · 2023
- $777,150
- Annual tax · 2023
- $13,969
- Auto Repair, Garage
- Medical Building
- Retail Stores · current use
- Neighborhood: Shopping Center
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
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 any signals we can model, to 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.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Location Insight
- Alternative use
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