Dollar General Portfolio Sale | 3 Ohio Locations

Agent Info

Matt Weber

248.702.0285
mweber@encorereis.com

Michael Gaggo

248.702.0287
mgaggo@encorereis.com

Edge Real Estate Group – Ohio Broker of Record



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Offering Information

1300 W Main Street
New Lebanon, OH

  • Price: $1,968,000
  • Cap. Rate: 8.75%
  • NOI: $172,200
  • Building Size: 9,010SF
  • Lot Size: 1.38 AC

Investment Highlights

  • Double Net Lease Structure | Minimal Landlord Responsibilities
  • Corporate Guaranteed | Dollar General Corp | Investment Grade S & P “BBB”
  • Tenant Shows Strong Commitment to Subject Site
  • 10% Rental Increases in Each of the Option Periods
  • Population Within a 5-Mile Radius:11,729
  • Household Income Within a 1-Mile Radius: $65,325
  • Strategically Located Adjacent to Dixie Elementary School, Middle School & High School
  • National Tenants in Immediate Area Consist of: Rite Aid, McDonald’s, Marathon Gas Station, Speedway, KeyBank, and more