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Dollar General Market

$3,225,000

9889 U.S. 441, Okeechobee, FL 34972

Active
Last Updated: 08/25/2026

5.75

Cap Rate

185,472

NOI

Details:
Cap Rate:    5.75%
NOI:    $185,472
Building Size:    10,640 sqft
Lot Area:    1.814 acres
Lease Type:    Triple Net
Year Built:    2025
Highlights:
  • Newly constructed DG Market by Dollar General store located in Okeechobee, FL. Dollar General's 'DG Market' store format offers the savings and convenience of a Dollar General, plus the fresh meat, produce and dairy of a neighborhood grocer. The triple-net lease provides for minimal landlord responsibilities and features a 15-year primary base term with three (3) 5-year options to extend. The lease is corporately guaranteed by Dollar General Corporation, which holds a credit rating of “BBB”, and classified as Investment Grade. The store has completed construction & successfully opened for business on December 13, 2025. Desirable demo's with AHHI within a 3-mile radius exceeding $115K and a population growth rate of 5.5%.
  • Dollar General Corporation (NYSE: DG) Q3 Fiscal 2025 reported Net sales increased 4.6% to $10.6 billion in the third quarter of 2025 compared to $10.2 billion in the third quarter of 2024. The net sales increase was driven by positive sales contributions from new stores and growth in same-store sales, partially offset by the impact of store closures. Same-store sales increased 2.5% compared to the third quarter of 2024, reflecting a 2.5% increase in customer traffic and a flat average transaction amount. Same-store sales in the third quarter of 2025 included growth in each of the consumables, seasonal, home products, and apparel categories.
  • Brand New 15 Year Triple-Net NNN Lease | 2025 BTS Construction
  • Minimal Landlord Responsibilities
  • Dollar General Market | Retail + Produce and Fresh Meats
  • 5% Rent Increases Every 5 Years & in Option Periods
  • Direct Frontage to HWY 441 with Exposure to 10,400±AADT (2024)
  • Three Mile Household Income $115K | 5.5% Pop. Growth
Map:
Documents:
Title
Offering Memorandum
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Location
Gallery