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Dollar General Plus in Florida 22804 US Highway 129 10,640 SF Retail Building O Brien, FL 32071 $4,181,768 CAD ($393.02 CAD/SF) 6.15% Cap Rate



Investment Highlights
- The Only Dollar Store Serving the Community!
- 5% Rental Rate Increases Every 5 Years!
- 3,357 Cars Per Day on Highway 129
- 2026 BTS Plus Size Construction | Opening Q3 2026
- 10 Mile Population 14,940 | Expected 7.20% Growth!
- Dollar General Corporate Guaranty
Executive Summary
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.
Instate Broker of Record: Brian Brockman | Bang Realty
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.
Instate Broker of Record: Brian Brockman | Bang Realty
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
10,640 SF
Year Built
2026
Price
$4,181,768 CAD
Price Per SF
$393.02 CAD
Cap Rate
6.15%
NOI
$257,179 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
2.63 AC
Zoning
Commercial
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Dollar General
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Dollar General | Retailer | 99,999 SF | - | Lorem Ipsum | - |
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 20-05S-14E-03611-000000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $219,693 CAD |
Property Taxes
Parcel Number
20-05S-14E-03611-000000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$219,693 CAD
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Dollar General Plus in Florida | 22804 US Highway 129
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