Dollar General | Jacksonville, FL — Sale in Jacksonville, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Jacksonville, FL 32208

Photos

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Investment Figures

Cap rate
6.75%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Lease - 3 Years remaining on initial 15-year base term - NNN – NO Landlord Responsibilities - Four, 5-Year Options with 10% Rental Increases Low Rent / NNN - The property benefits from a low annual base rent of just $112,234, providing a below market rent basis for an NNN Dollar General in Florida - NO Landlord Responsibilities Dollar General - Leading U.S. discount retailer, focused on providing everyday essentials at convenient, value-oriented prices - 21,000+ location and growing! - Strong corporate guarantee / BBB S&P Rating Jacksonville / Location - The property is located on the signalized intersection of Lem Turner Rd & Clyde St. Lem Turner Rd sees 33,000 cars per day! - Jacksonville is Florida’s largest city by population. Jacksonville combines a major business and transportation hub with a relaxed coastal lifestyle. - Incredible demographics / population density: 6,700 (one-mile) | 67,000 (three-mile) | 139,000 )five-mile) Investment Highlights: • Lease - 3 Years remaining on initial 15-year base term - NNN – NO Landlord Responsibilities - Four, 5-Year Options with 10% Rental Increases • Low Rent / NNN - The property benefits from a low annual base rent of just $112,234, providing a below market rent basis for an NNN Dollar General in Florida - NO Landlord Responsibilities • Dollar General - Leading U.S. discount retailer, focused on providing everyday essentials at convenient, value-oriented prices - 21,000+ location and growing!

Market Context

This retail in Jacksonville, FL is listed for sale. It is offered at an approximate 6.8% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Jacksonville, FL — view the full market.

As of Q1 2026, the Jacksonville retail market showed a 5.1% vacancy rate, average asking rents near $26.08/SF/yr, and rents up 1.7% year over year. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

Is the Jacksonville retail market tightening or softening?
Vacancy is around 5.1%, with asking rents rising year over year (Q1 2026).

Estimated Price per SF

$44.01/SF – $320.06/SF

Mid: $133.36/SF

About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.

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