Please enter your details to download the marketing package from "Documents" tab

Confidentiality agreement sub heading

I have read and agree to the Confidentiality Agreement


Share this property with your friends

Please type comma separated emails if you want to share these properties with multiple people.

Submit Offer

Dollar General

16427 SW Dermont Road, Clarksville, FL, 32430
For Sale

Property Highlights

    • New Upgraded Construction Store
    • Emerald Coast Location
    • Florida has no state income tax
    • Long term corporate NNN lease
    • Investment grade tenant

Property Details

  • Price: $1,925,000
  • Property Type: Retail
  • Transaction Type: For Sale
  • Cap Rate: 5.17%
  • Lot Size: 2.83 AC
  • Lease Type: NNN
  • Lease Term: 15 years
  • Year Built: 2019
  • Year Built: 2019
  • NOI: $99,600
  • Rentable Sq Ft: 9,100
  • Price/SF: $131
  • Tenant: Dollar General
  • Lease Guarantor: Corporate
  • Roof Structure: Tenant

Property Description

New Upgraded Construction Store

Emerald Coast Location

  • The Emerald Coast is an unofficial name for the coastal area in Florida on the Gulf of Mexico that stretches about 100 miles through five counties from Pensacola to Panama City.
  • Tourism is the Number One economic driver in Florida and across the Panhandle’s Emerald Coast, drawing 116.5 million visitors in 2017 who contributed $112 billion to the State economy.
  • This part of Florida is also home to several military bases, with installations including Naval Air Station Pensacola (home of the Navy’s Blue Angels), Hurlburt Field, Eglin Air Force Base (one of the largest military bases in America), Tyndall Air Force Base, Coastal Systems Station-Naval Surface Warfare Center, and Corry Station Naval Technical Training Center.
  • In addition to military bases and related civilian contractors, tourism, fishing and hospitality industries are also major employers in the area.

Florida Has No State Income Tax

  • Florida is one of only seven states that has no state income tax.

Long Term Corporate NNN Lease

  • Brand new, 15-year corporate guaranteed lease with Dollar General.
  • Tenant 100% responsible for all expenses, which include taxes, CAM, insurance, roof and structure.
  • 10% rent increase in each of the four, 5-year option periods.

Investment Grade Tenant

  • Dollar General is a publicly traded (NYSE: DG) Fortune 500 company and is BBB investment grade rated.
  • Currently over 15,500 locations in 44 states with 975 new locations expected to be opened this year.
  • Dollar General has been in business for 80 years and has a current net worth of over $6.2 billion.

Download Offering Memorandum

Download Offering Memorandum

Download Offering Memorandum

3D Tour

Offering Memorandum

Request Information

Financial Summary

Investment Highlights

Price $0.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $0.00


Income & Expenses



Total Expenses
$ 0.00
$ 0.00
Net Operating Income$0.00$0.00
Less Debt Service$0$0
Potential Net Cash Flow$0.00$0.00
Cash on Cash Return0.00 %0.00 %
Capitalization Rate0.00 %0.00 %

Rent Roll

Current Monthly Rent
Potential Monthly Rent
Lease Expires


$ 0.00

$ 0.00


Have A Question?

Please feel free to contact us with any questions you have about our services