Dollar General

Fort McCoy is an unincorporated community in Marion County, Florida, United States. It is situated northeast of Ocala and lies between the towns of Sparr and Eureka on County Road 316 and is directly north of Silver Springs on County Road 315. The community is part of the Ocala Metropolitan Statistical Area. Fort McCoy was originally named Fort Mackay. MacKay and MacCoy were both settlers in the area who were killed by Indians during the war. The town of Fort McCoy is named after the settler Jeb MacCoy but spelled differently. Fort Mc Coy is a charming location just 30 miles east of Ocala, Florida, offering a perfect blend of peaceful countryside and modern conveniences. The area is known for its beautiful natural landscapes, including the surrounding Ocala National Forest with its stunning hiking trails, lakes, and recreational opportunities. Nearby, Silver Springs State Park and Rainbow Springs State Park are popular destinations for outdoor enthusiasts. In addition, the property is conveniently located near major highways, making it easily accessible for business professionals. With its tranquil setting and proximity to natural beauty, Fort Mc Coy is an ideal location for an office or office building investment.Build-to-Suit, Dollar General located in income tax free Florida. Built in 2007, there are 3 years remaining on the current term, with 3, five-year options with 10% rent increases at each option period. Dollar General extended the lease early twice showing the strength of this store and its commitment to the location. The current term expires Dec 31, 2027, providing long term stability to the income stream. Dollar General's Net Sales increased 5.0% to $10.2 billion in Q3 2024 compared to $9.7 billion in Q3 2023. Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB. This Dollar General is "the only show in town." The nearest dollar store is over 10 miles away. The subject property sits near the crossing of two major thruways, NE Hwy 315 and Hwy 316. It is situated next door to the local United States Postal Service building and is across the intersection from the Circle K / Subway and BP gas station. Dollar General is responsible for real estate taxes, insurance, minor repairs to HVAC, lighting, plumbing and parking lot maintenance. Dollar General reimburses landlord $300/mo for landscaping and parking lot maintenance. Florida is an Income Tax Free State.