11679 SW State Road 231
Brooker, FL 32622

Marcus and Millichap is pleased to exclusively offer for sale the Dollar General located at 11679 SW State Road 231 in Brooker, Florida. The building consists of 9,088 rentable square feet, and has ample parking. This investment is being offered at $1,323,000 which represents a 7.10 percent capitalization rate. Dollar General has over seven years remaining on an absolute triple net lease agreement. There is a favorable rental increase starting in year 2020, which will increase the capitalization rate to 7.31 percent. Additionally, there are four, five year options remaining; each with favorable rent increases. Dollar General has earned a BBB credit rating by Standard & Poor's. The site is conveniently located near several neighborhoods, and has minimal area competition. Brooker is part of Bradford County, and is located 17 miles north of Gainesville, Florida.