Purchase Price | $2,384,615 |
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Annual Rental Income | $155,000 |
Cap Rate | 6.5% |
Lease Term | 15 Years |
City | Port St. Lucie |
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Dollar General in Port St. Lucie offers a compelling net‑lease investment opportunity, anchored by a corporate guarantee from Dollar General Corporation—an investment‑grade, publicly traded retailer—ensuring institutional‑level income security with minimal ownership responsibility. This location, situated on a high‑visibility section of US 1 near Crosstown Parkway in the rapidly growing city, benefits from strong traffic and dense, expanding residential areas with limited discount-retail competition. As an absolute triple‑net lease asset, the tenant assumes all expenses—including taxes, insurance, and maintenance—leaving landlords with truly passive ownership. With Port St. Lucie’s strong population growth, robust retail employment base, and ongoing commercial development, this site exemplifies the kind of stable, recession‑resilient asset that appeals to investors seeking low‑touch, long‑term cash flow backed by a nationally scaled operator.