February 26, 2025 – Michael Talbert and Dan Bernardini of Horvath & Tremblay have successfully completed the sale of Dollar General in Gainesville, Florida. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $1,875,000.
Dollar General is located at 2112 SW 13th Street in Gainesville, Florida. Dollar General has been at this location since 2009 (15+ years) and recently exercised their renewal option, demonstrating their commitment to the site and the market. There are 5+ years of term remaining on the lease, followed by two (2), 5-year renewal options. The lease features 10% rent increases at the start of each renewal option. The Property benefits from its location along SW 13th Street (US Route 441), one of the area’s primary commercial and commuter corridors. Dollar General has outstanding visibility and frontage along SW 13th Street and is surrounded by nationally branded hotels, student housing complexes, and large residential communities, all of which provide a built-in customer base. The Property is 0.6-miles from FL Route 24, 1 mile from the VA Hospital of Gainesville and the University of Florida Shands Hospital, and 1.5-miles from the University of Florida’s primary campus and athletic facilities. The Property is situated just south of downtown Gainesville, and enjoys close proximity to the city’s municipal offices, local and national retailers and businesses, and area schools.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.