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500 Joel Blvd
Lehigh Acres, FL 33936

Dollar General · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
10,640 SF
Building Class
C
Year Built
2011
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.87 AC
Zoning
C-1
Parking
51 Spaces (4.79 Spaces per 1,000 SF Leased)
Frontage
188 FT on E 5th St

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

About 500 Joel Blvd , Lehigh Acres, FL 33936

We are pleased to offer to qualified investors an opportunity to purchase an investment grade single tenant Absolute NNN investment fully leased to Dollar General on a corporate guaranteed lease. With approximately 10 years remaining this opportunity provides long term stable cash flow with zero landlord responsibilities and 10% increases every 5 years. This is a rare opportunity to purchase an investment grade credit tenant in a tax free state, with a long term lease in place, and zero landlord responsibilities with an effective inflation hedge in place. Dollar General Corp. (NYSE: DG) is a discount retailer that offers consumables, seasonal, home products, and apparel. Dollar General Corp. posts over $21.9 Billion in Revenue, over $11.6 Billion in Total Assets, and an investment grade rating of “BBB” by Standard and Poors. There are more than 12,500 locations in 43 states and is headquartered in Goodlettsville, TN; it has operated for over 75 years and is one of the strongest discount retailers in the US. National Credit Tenants - Pride of Ownership.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
26-44-27-23-00000.0010
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,535,733
  • Listing ID: 11626633

  • Date on Market: 2/16/2018

  • Last Updated:

  • Address: 500 Joel Blvd, Lehigh Acres, FL 33936

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