Mount Dora, FL
Price: $1,932,000
Cap Rate: 6.00%
Status: AVAILABLE

MainPhoto
Aerial1
Aerial2
MainPhoto Aerial1 Aerial2

DOWNLOAD OM

Blue West Capital is pleased to exclusively offer for sale a single tenant net leased Dollar General property located within the Orlando MSA. There are 6+ years remaining on the absolute triple net Dollar General lease. Dollar General is a best-in-class retailer and an investment grade rated company (S&P: BBB).

The Dollar General property is located in Mount Dora, FL and surrounded by numerous national retailers such as Walmart Supercenter, Target, Publix, Hobby Lobby, TJ Maxx, Ross Dress For Less, Kohl’s, CVS, Office Depot, and many others. There are over 35,000 people living within three miles of the property. The Dollar General is positioned 2.5 miles southeast of AdventHealth Waterman hospital, a 300-bed regional hospital.

This property can be purchased individually or with another similar Dollar General in Eustis, FL or with several other STNL properties in Florida and the Detroit MSA. Contact broker for details.

  • Located within the Orlando MSA, the 4th most visited and 23rd largest in the U.S. 
  • Densely populated surrounding area with approximately 35,000 people living within three miles
  • Positioned along North Highway 19A (12,500 VPD) and just south of U.S. 441 (43,000 VPD)
  • Positioned in a retail trade area that includes Walmart Supercenter, Target, Publix, Hobby Lobby, TJ Maxx, Ross Dress For Less, Kohl’s, CVS, Office Depot, and many others
  • Positioned 2.5 miles southeast of AdventHealth Waterman hospital, a 300-bed regional hospital
  • 6+ years remaining on the absolute triple net lease
  • High barriers to entry
  • No landlord responsibilities
  • 10% rental increases in each renewal option period
  • Average annual household incomes are approximately $72,000 within five miles
  • Dollar General is an investment graded rated company (S&P: BBB) 
  • Dollar General is a best-in-class operator that is an e-commerce resistant and recession-proof company
  • Florida is an income tax-free state

OFFERING SUMMARY

Price: $1,932,000
Cap Rate: 6.00%

Building Size: 9,026 SF
Land Size:
1.96 AC

INVESTMENT CONTACT

ZACH WRIGHT
Director & Partner
Investment Sales
720.966.1628
Zach@BlueWestCapital.com

BRANDON WRIGHT
Associate
Investment Sales
720.828.7457
Brandon.Wright@BlueWestCapital.com

VIEW ALL LISTINGS
GET IN TOUCH
2022-07-18T08:25:44-07:00
Go to Top