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Dollar General Plus - Larger Format Store | Ohio | 15 Year Absolute Net Lease | 2023 Construction

14646 Clay Pike Rd, Senecaville (Outside Columbus), OH 43780

Listing Price: $1,741,646

Cap Rate
6.00%
Tenant Name
Dollar General
Years Remaining On Lease
14.9
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$163.69
Lease Type
Absolute Net
Rent Per Square Feet
$9.82

Investment Overview

Senecaville is located in Guernsey County, Ohio. It is situated in the southeastern part of the state, about 75 miles east of Columbus. Senecaville is home to Seneca Lake, which is the largest of the Muskingum Watershed Conservancy District lakes. The lake covers an area of 3,550 acres and offers fishing, boating, and other recreational activities. Senecaville also has a public boat ramp and marina for visitors to enjoy. The City is located near several other attractions, including Salt Fork State Park, which is one of Ohio’s largest state parks, and the Wilds, a wildlife conservation center that offers visitors the opportunity to see rare and endangered species up close.

Investment Highlights

  • 15 Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2023 Construction.
  • Features Easy Access and Excellent Visibility - Positioned Along the City's Main Road. Minutes from Interstate-77 (16k+ VPD).
  • Dollar General Plus Locations are Larger than Traditional Dollar General Stores that have additional Coolers/Freezers to keep more Perishable Items in Stock.
  • 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.
  • In Close Proximity to Seneca Lake Marina - known for its Excellent Fishing, Boating Opportunities and Offers a Wide Range of Amenities and Services for Boaters and Visitors.

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s) OH: BRK.2007005898

    Ohio

Financing By

Discount

Dollar General Plus - Larger Format Store | Ohio | 15 Year Absolute Net Lease | 2023 Construction

Listing Price: $1,741,646

Cap Rate
6.00%
Tenant Name
Dollar General
Years Remaining On Lease
14.9
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$163.69
Lease Type
Absolute Net
Rent Per Square Feet
$9.82

Investment Highlights

  • 15 Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2023 Construction.
  • Features Easy Access and Excellent Visibility - Positioned Along the City's Main Road. Minutes from Interstate-77 (16k+ VPD).
  • Dollar General Plus Locations are Larger than Traditional Dollar General Stores that have additional Coolers/Freezers to keep more Perishable Items in Stock.
  • 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.
  • In Close Proximity to Seneca Lake Marina - known for its Excellent Fishing, Boating Opportunities and Offers a Wide Range of Amenities and Services for Boaters and Visitors.

Investment Overview

Senecaville is located in Guernsey County, Ohio. It is situated in the southeastern part of the state, about 75 miles east of Columbus. Senecaville is home to Seneca Lake, which is the largest of the Muskingum Watershed Conservancy District lakes. The lake covers an area of 3,550 acres and offers fishing, boating, and other recreational activities. Senecaville also has a public boat ramp and marina for visitors to enjoy. The City is located near several other attractions, including Salt Fork State Park, which is one of Ohio’s largest state parks, and the Wilds, a wildlife conservation center that offers visitors the opportunity to see rare and endangered species up close.

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s): OH: BRK.2007005898

    Ohio

Financing By

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