Brand New Dollar General Plus | Rent Bumps

Highlights:

• Brand New 15 Year Absolute NNN Lease
• The Only Dollar Store Serving the Community!
• Zero Landlord Responsibilities
• 2026 BTS Plus Size Construction | Opening Q3 2026
• 5% Rental Rate Increases Every 5 Years!
• 5 (5 Year) Options | 5% Increases At Each Option
• 3 Mile Household Income $65,036
• 10 Mile Population 14,940 | Expected 7.20% Growth!
• 3,357 Cars Per Day on Highway 129
• Investment Grade Dollar Store With "BBB" Credit Rating
• Dollar General Corporate Guaranty

Description:

Fortis Net Lease is pleased to present this 2026 BTS 10,640 SF. Dollar General Plus store located in O'Brien, Florida. The property is secured with a 15 year Absolute NNN Lease leaving zero landlord responsibilities. The lease contains 5% rental rate increases every 5 years including at each of the 5 (5 year) options to renew. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The store is currently under construction with store opening & rent start on track for November 2026.

This Dollar General is highly visible as it is strategically positioned off of US Highway 129 seeing 3,357 cars per day, nestled among the neighboring homes. It is the only dollar store serving this community! The 10 mile population from the site is 14,940 and the 3 mile average household income is $65,036 per year, making this location ideal for a Dollar General. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store. List price reflects a 6.15% cap rate based on NOI of $185,034.

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