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Dollar General | Cincinnati MSA | 15 Yr Abs Net Lease | Rare All-Wood Prototype | 2023 Construction

4050 US Highway 52, West Harrison (Cincinnati, OH MSA), IN 47060

Listing Price: $1,616,260

Cap Rate
6.15%
Tenant Name
Dollar General
Years Remaining On Lease
14.8
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$151.90
Lease Type
Absolute Net
Rent Per Square Feet
$9.34

Investment Overview

West Harrison is a town in Harrison Township, Dearborn County, Indiana, located just across the Indiana state line from Harrison, Ohio. The two towns are divided by State Street. Dearborn County is one of 92 counties of the U.S. state of Indiana located on the Ohio border near the southeast corner of the state. It was formed in 1803 from a portion of Hamilton County, Ohio. In 2010, the population was 50,047. The county seat and largest city is Lawrenceburg.Dearborn County is part of the Cincinnati, OH-KY-IN Metropolitan Statistical Area.

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2023 Rare All-Wood Prototype Construction.
  • 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.
  • Features Easy Access and Excellent Visibility. Positioned Along one of the City's Main Roads with Daily Traffic Counts Exceeding 6k+ Vehicles.
  • Affluent Area: Features an Average Household Income of more than $98k within a 1-Mile Radius. Limited Competition - the next nearest Dollar General is more than 7 Miles away.

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Financing By

Discount

Dollar General | Cincinnati MSA | 15 Yr Abs Net Lease | Rare All-Wood Prototype | 2023 Construction

Listing Price: $1,616,260

Cap Rate
6.15%
Tenant Name
Dollar General
Years Remaining On Lease
14.8
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$151.90
Lease Type
Absolute Net
Rent Per Square Feet
$9.34

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2023 Rare All-Wood Prototype Construction.
  • 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.
  • Features Easy Access and Excellent Visibility. Positioned Along one of the City's Main Roads with Daily Traffic Counts Exceeding 6k+ Vehicles.
  • Affluent Area: Features an Average Household Income of more than $98k within a 1-Mile Radius. Limited Competition - the next nearest Dollar General is more than 7 Miles away.

Investment Overview

West Harrison is a town in Harrison Township, Dearborn County, Indiana, located just across the Indiana state line from Harrison, Ohio. The two towns are divided by State Street. Dearborn County is one of 92 counties of the U.S. state of Indiana located on the Ohio border near the southeast corner of the state. It was formed in 1803 from a portion of Hamilton County, Ohio. In 2010, the population was 50,047. The county seat and largest city is Lawrenceburg.Dearborn County is part of the Cincinnati, OH-KY-IN Metropolitan Statistical Area.

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

Financing By

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