Cap Rate: 6.5% Renewal Options: Various Lease Expiration: Various
Rental Increases: Various Lease Type: NNN
NNNIA is pleased to announce that it has been appointed as exclusive real estate broker for the sale of the 100% interest in Dollar General Plaza, a +/- 46,254 square foot retail strip center. The property consists of a single- story multi-tenant retail center with 21 bays and a two-story outparcel building with two drive throughs.
Dollar General Plaza is strategically located on Military Trail, the primary north/south retail corridor serving all of Palm Beach County. Both residents, businesses, and commuters, utilize heavily traveled Military Trail. Located just to the south of Dollar General Plaza is the intersection of Okeechobee Boulevard and Military Trail, one of Palm Beach County’s busiest intersections.
Dollar General Plaza offers an investor a highly visible, well-designed strip center, located on a major commercial artery, in an established and densely populated area of West Palm Beach. Dollar General Plaza has historically maintained high occupancy levels with consistently strong demand for space in this very healthy retail submarket.