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Dollar General w/ Strong Demos | Cincinnati | Long Term Absolute Net Lease | Brand New Construction
785 S Erie Blvd, Cincinnati, OH 45011
Listing Price: $2,056,292
Investment Overview
Cincinnati is a city in the U.S. state of Ohio and the county seat of Hamilton County. Settled in 1788, the city is located at the northern side of the confluence of the Licking and Ohio rivers, the latter of which marks the state line with Kentucky. The city is the economic and cultural hub of the Cincinnati metropolitan area. With an estimated population of 2,256,884, it is Ohio’s largest metropolitan area and the nation’s 30th-largest, and with a city population of 309,317, Cincinnati is the third-largest city in Ohio and 64th in the United States. Metropolitan Cincinnati has the twenty-eighth largest economy in the United States and the fifth largest in the Midwest, after Chicago, Minneapolis-St. Paul, Detroit, and St. Louis. In 2016, it had the fastest-growing Midwestern economic capital. Due to its abundant amenities, Cincinnati is a magnet for start-ups. The gross domestic product for the region was $127 billion in 2015. The median home price is $158,200, and the cost of living in Cincinnati is 8% below national average. The unemployment rate is also below the average at 4.2%. Several Fortune 500 companies are headquartered in Cincinnati, such as Procter & Gamble, The Kroger Company, and Fifth Third Bank. General Electric has headquartered their Global Operations Center in Cincinnati. The Kroger Company employs 21,646 people locally, making it the largest employer in the city, and the University of Cincinnati is the second largest at 16,000.
Investment Highlights
- Long Term Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New Construction.
- Positioned Along Area's Retail & Traffic Corridor - Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 20k Vehicles.
- Ranked #91 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $34.22 Billion.
- Well Above Average Demographics for any Dollar General: Features an Average Household Income of more than $80k and over 138k People Residing within a 5-Mile Radius.
- In Close Proximity to Numerous National Retailers including Kroger, Walmart Supercenter, Menards, The Home Depot, Target, Hobby Lobby, CVS and many more.
- Minutes from Miami University Hamilton - one of three regional campuses of Miami University Ohio with a Current Enrollment or more than 2,510+ Students.
Exclusively Listed By
Broker of Record
-
Michael L. Glass
Senior Vice President / Division Manager
Financing By
Discount
Dollar General w/ Strong Demos | Cincinnati | Long Term Absolute Net Lease | Brand New Construction
Listing Price: $2,056,292
Investment Highlights
- Long Term Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New Construction.
- Positioned Along Area's Retail & Traffic Corridor - Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 20k Vehicles.
- Ranked #91 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $34.22 Billion.
- Well Above Average Demographics for any Dollar General: Features an Average Household Income of more than $80k and over 138k People Residing within a 5-Mile Radius.
- In Close Proximity to Numerous National Retailers including Kroger, Walmart Supercenter, Menards, The Home Depot, Target, Hobby Lobby, CVS and many more.
- Minutes from Miami University Hamilton - one of three regional campuses of Miami University Ohio with a Current Enrollment or more than 2,510+ Students.
Investment Overview
Cincinnati is a city in the U.S. state of Ohio and the county seat of Hamilton County. Settled in 1788, the city is located at the northern side of the confluence of the Licking and Ohio rivers, the latter of which marks the state line with Kentucky. The city is the economic and cultural hub of the Cincinnati metropolitan area. With an estimated population of 2,256,884, it is Ohio’s largest metropolitan area and the nation’s 30th-largest, and with a city population of 309,317, Cincinnati is the third-largest city in Ohio and 64th in the United States. Metropolitan Cincinnati has the twenty-eighth largest economy in the United States and the fifth largest in the Midwest, after Chicago, Minneapolis-St. Paul, Detroit, and St. Louis. In 2016, it had the fastest-growing Midwestern economic capital. Due to its abundant amenities, Cincinnati is a magnet for start-ups. The gross domestic product for the region was $127 billion in 2015. The median home price is $158,200, and the cost of living in Cincinnati is 8% below national average. The unemployment rate is also below the average at 4.2%. Several Fortune 500 companies are headquartered in Cincinnati, such as Procter & Gamble, The Kroger Company, and Fifth Third Bank. General Electric has headquartered their Global Operations Center in Cincinnati. The Kroger Company employs 21,646 people locally, making it the largest employer in the city, and the University of Cincinnati is the second largest at 16,000.
Exclusively Listed By
Broker of Record
-
Michael L. Glass
Senior Vice President / Division Manager
Financing By

