Discount
Dollar General
208 W Wapakoneta St, Waynesfield, OH 45896
Listing Price: $1,440,000
Investment Overview
Marcus & Millichap is pleased to offer for sale the fee simple interest in 208 West Wapakoneta Street (the Property), a 9,026-square-foot building in which Dollar General has ten years remaining on their original 15-year absolute triple net lease. The corporately guaranteed lease also features three, five-year renewal options, with 10% increases at the beginning of each option to offset inflation. The Property sits on a large 1.39-acre lot and is strategically located on State Highway 67, a northeast-southwest highway running through the state of Ohio. Nearby attractions include the Waynesfield Raceway Park just over a mile south of the Property, and the highly-rated Prairie View Golf Club located about two miles to the east. Additionally, the Property is conveniently located approximately 15 miles southeast of Lima, OH.
Investment Highlights
- Absolute Triple Net Lease — Zero Landlord Responsibilities
- 10 Years of Firm Term Remaining on Original 15 Year Lease & Numerous Renewal Options
- Large 1.39-Acre Site — Strategically Located on State Highway 67
- 10% Rental Increases in Each Renewal Option to Offset Inflation
- Corporately Guaranteed Lease — Strong Credit Tenant
Exclusively Listed By
Broker of Record
-
Michael L. Glass
Senior Vice President / Division Manager
Listing Price: $1,440,000
Investment Highlights
- Absolute Triple Net Lease — Zero Landlord Responsibilities
- 10 Years of Firm Term Remaining on Original 15 Year Lease & Numerous Renewal Options
- Large 1.39-Acre Site — Strategically Located on State Highway 67
- 10% Rental Increases in Each Renewal Option to Offset Inflation
- Corporately Guaranteed Lease — Strong Credit Tenant
Investment Overview
Marcus & Millichap is pleased to offer for sale the fee simple interest in 208 West Wapakoneta Street (the Property), a 9,026-square-foot building in which Dollar General has ten years remaining on their original 15-year absolute triple net lease. The corporately guaranteed lease also features three, five-year renewal options, with 10% increases at the beginning of each option to offset inflation. The Property sits on a large 1.39-acre lot and is strategically located on State Highway 67, a northeast-southwest highway running through the state of Ohio. Nearby attractions include the Waynesfield Raceway Park just over a mile south of the Property, and the highly-rated Prairie View Golf Club located about two miles to the east. Additionally, the Property is conveniently located approximately 15 miles southeast of Lima, OH.
Exclusively Listed By
Broker of Record
-
Michael L. Glass
Senior Vice President / Division Manager

