March 12, 2025 – Kyle Danielson of Horvath & Tremblay has successfully completed the sale of Family Dollar in Jennings, Florida. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $1,199,271.
Family Dollar is located at 1177 Plum Street in Jennings, Florida. Family Dollar has occupied this build-to-suit location since 2016 and has 6+ years remaining on their 15-year Absolute NNN Lease with six (6), 5-year renewal options. The lease features attractive rent increases in 2026 and at the start of each renewal option. Family Dollar is positioned along Plum Street (US Highway 41), the area’s primary commercial and commuter corridor, and is 0.4 miles from the intersection with Hamilton Avenue (FL Route 143) and 1.5 miles from Interstate 75. Family Dollar has outstanding visibility and frontage and is close to the center of town and the Jennings Municipal Buildings (Town Hall, Police & Fire Department, Library and US Post Office). Family Dollar serves as the primary shopping destination within the town as the closest national or regional grocer is more than 10 miles away. Jennings sits in north-central Florida and is 1.5 miles from the Georgia state line, 80 miles from Tallahassee and 100 miles from Jacksonville.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the 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.