1104 S 6th Ave
Wauchula, FL 33873
Dollar General · Retail Property For Sale

Marcus & Millichap, on behalf of ownership, is pleased to exclusively offer this Dollar General (NYSE:DG) in Wauchula, Florida, the seat of Hardee County. This is a relocation store as the Tenant formerly occupied an inline location at the neighboring Wauchula Shopping Center for more than 20 years. This demonstrates Dollar General’s long-term commitment to the location. Presently, there are 13 years remaining on the absolute NNN lease that features 10 percent increases in each of the four, five-year option terms. The lease is corporately guaranteed by Dollar General, an investment grade retailer rated “BBB” by Standard & Poor’s. With more than 15,000 stores in 44 states, Dollar General is the largest discount store retailer in the United States in terms of total sales. The chain ranks #123 on the Fortune 500 list and reports annual revenue of $23.5 Billion. The Property is prominently located along 6th Avenue/Highway 17 South (12,500 VPD), a north-south US highway and the primary route through the heart of Wauchula. Dollar General occupies a 10,542-square-foot store positioned at a signaled wrap corner with access from both 6th Avenue and Stenstrom Road. The Tenant will benefit from synergy and traffic generated by two neighboring grocery-anchored centers, Wauchula Shopping Center and Wauchula Plaza. Wauchula Shopping Center is a 71,000-square-foot Save-a-Lot and Anytime Fitness-anchored center, while Wauchula Plaza is a 118,785- square-foot center anchored by a strong performing Winn-Dixie and co-tenants Tractor Supply Co., Bealls Outlet and competitor Dollar Tree. Dollar General out-positions this inline Dollar Tree with a far more visible and accessible location. It is also noteworthy that the Average Household Income of $51,164 aligns with Dollar General’s targeted demographic.