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Dollar General Market - Larger Format Store | 15 Year Abs Net Lease w/ Increases | 2024 Construction

101 N Main St, Grover Hill, OH 45849

Listing Price: $2,171,071

Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
14.7
Gross SF
12,480
Guarantor
Corporate Guarantee
Rentable SF
12,480
Price/Gross SF
$173.96
Lease Type
Absolute Net
Rent Per Square Feet
$12.18

Investment Overview

Grover Hill is located in Paulding County, Ohio, United States. Nestled in the rural landscape, this close-knit community embodies the charm of a classic American town. With a modest population, Grover Hill maintains a tranquil atmosphere, offering residents a peaceful and tight-knit living experience. The village is characterized by its scenic surroundings, including green farmlands and picturesque landscapes that contribute to its idyllic appeal. While it may not boast the hustle and bustle of larger cities, Grover Hill exudes a sense of community pride and a slower pace of life, making it an ideal haven for those seeking a serene and neighborly environment.

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 5% Rental Increases Every 5 Years Throughout the Initial Term and Options. Brand New 2024 High Quality Construction.
  • Ranked #108 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $37.84 Billion.
  • Dollar General Market is a Larger Format Store with Expanded Grocery Offerings - This new Concept Offers Fresh Food Options including Fruits and Vegetables, Home Goods, Apparel and more.
  • Features Easy Access and Excellent Visibility along the City's Main Road - Hard Corner Location. Limited Competition - the Next Nearest Dollar General is more than 10 Miles away.
  • Walking Distance from Grover Hill Elementary, providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

  • Jon Talia

    First Vice President Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

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 Market - Larger Format Store | 15 Year Abs Net Lease w/ Increases | 2024 Construction

Listing Price: $2,171,071

Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
14.7
Gross SF
12,480
Guarantor
Corporate Guarantee
Rentable SF
12,480
Price/Gross SF
$173.96
Lease Type
Absolute Net
Rent Per Square Feet
$12.18

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 5% Rental Increases Every 5 Years Throughout the Initial Term and Options. Brand New 2024 High Quality Construction.
  • Ranked #108 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $37.84 Billion.
  • Dollar General Market is a Larger Format Store with Expanded Grocery Offerings - This new Concept Offers Fresh Food Options including Fruits and Vegetables, Home Goods, Apparel and more.
  • Features Easy Access and Excellent Visibility along the City's Main Road - Hard Corner Location. Limited Competition - the Next Nearest Dollar General is more than 10 Miles away.
  • Walking Distance from Grover Hill Elementary, providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.

Investment Overview

Grover Hill is located in Paulding County, Ohio, United States. Nestled in the rural landscape, this close-knit community embodies the charm of a classic American town. With a modest population, Grover Hill maintains a tranquil atmosphere, offering residents a peaceful and tight-knit living experience. The village is characterized by its scenic surroundings, including green farmlands and picturesque landscapes that contribute to its idyllic appeal. While it may not boast the hustle and bustle of larger cities, Grover Hill exudes a sense of community pride and a slower pace of life, making it an ideal haven for those seeking a serene and neighborly environment.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

  • Jon Talia

    First Vice President Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

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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