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Dollar General Market | Tallahassee, FL

Co Rd 0356, Tallahassee, FL 32303

Listing Price: $2,990,600

Cap Rate
6.00%
Tenant Name
Dollar General Market
Years Remaining On Lease
15.3
Guarantor
Corporate Guarantee
Rentable SF
12,736
Lease Type
Absolute Net
Rent Per Square Feet
$14.09

Investment Overview

Dollar General continues its expansion strategy, aiming to open 590 new stores and remodel approximately 4,250 existing locations in fiscal 2025. Dollar General has been in business for 86 years. Dollar General ranks 111 on the Fortune 500 list for 2024. Dollar General has also received recognition from other publications, including Newsweek's America's Most Admired Companies List (2023, 2022, 2020), and the National Retail Federation's Top 100 Retailers List (2024, 2023).

Investment Highlights

  • Brand new upgraded construction Dollar General Market delivering in August / 5% rental increase every five years.
  • Outstanding demographics with over 113,00 residents within five miles of the site / rare corner location.
  • The site is down the street from Springwood Elementary School (423 students).
  • Tallahassee is home to Florida State University, with a total enrollment of 43,00 students.
  • The site is a fifteen-minute drive from Tallahassee International Airport, which serves 845,000 passengers annually.
  • Florida is one of the seven states with no state income tax.
  • As of March 2025, Dollar General has 20,454 stores across 48 states.
  • in 2024, Dollar General reported net sales of $40.6 billion, marking a 5.0% increase from the previous fiscal year.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Executive Managing Director / Chief Revenue Officer

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

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Dollar General Market | Tallahassee, FL

Listing Price: $2,990,600

Cap Rate
6.00%
Tenant Name
Dollar General Market
Years Remaining On Lease
15.3
Guarantor
Corporate Guarantee
Rentable SF
12,736
Lease Type
Absolute Net
Rent Per Square Feet
$14.09

Investment Highlights

  • Brand new upgraded construction Dollar General Market delivering in August / 5% rental increase every five years.
  • Outstanding demographics with over 113,00 residents within five miles of the site / rare corner location.
  • The site is down the street from Springwood Elementary School (423 students).
  • Tallahassee is home to Florida State University, with a total enrollment of 43,00 students.
  • The site is a fifteen-minute drive from Tallahassee International Airport, which serves 845,000 passengers annually.
  • Florida is one of the seven states with no state income tax.
  • As of March 2025, Dollar General has 20,454 stores across 48 states.
  • in 2024, Dollar General reported net sales of $40.6 billion, marking a 5.0% increase from the previous fiscal year.

Investment Overview

Dollar General continues its expansion strategy, aiming to open 590 new stores and remodel approximately 4,250 existing locations in fiscal 2025. Dollar General has been in business for 86 years. Dollar General ranks 111 on the Fortune 500 list for 2024. Dollar General has also received recognition from other publications, including Newsweek's America's Most Admired Companies List (2023, 2022, 2020), and the National Retail Federation's Top 100 Retailers List (2024, 2023).

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Executive Managing Director / Chief Revenue Officer

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

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