Discount
Dollar General | Cardington, OH
571 W Main St, Cardington, OH 43315
Listing Price: $1,192,250
Cap Rate
7.50%
Tenant Name
Dollar General
Years Remaining On Lease
9.8
Guarantor
Corporate Guarantee
Rentable SF
9,180
Lease Type
Double Net
Rent Per Square Feet
$9.75
Investment Overview
Marcus & Millichap is pleased to bring to market Dollar General located in Cardington, OH.
Dollar General | Cardington, OH
Investment Highlights
- Dollar General Conversion Store With a Brand New 10 Year Double Net (NN) Lease | Minimal Landlord Responsibilities | Expected to Deliver in Early 2024
- Four, 5-Year Renewal Options with 10 Percent Rental Increases In Each Option | Property Features Large Parking Lot with Lighted Signand Excellent Visibility Along Main Street
- Strong Location Along US-42/W Main Street, Seeing 4,300+ Vehicles Per Day
- Situated On a Main Traffic Artery Into Downtown Cardington | US-42 Runs Southwest-Northeast From Cincinnati to Cleveland
- Located Next to the Yutaka Technologies Automotive Component Plant with 700+ Employees
- Directly Next to a Self Storage Facility and a Manufactured Home Community
- Strong Demographics: Population Exceeds 16,800 Within 5-Miles and is Projected to Increase by 2027
- Cardington is 45 Miles From Downtown Columbus and 30 Miles From Mansfield
Exclusively Listed By
Broker of Record
-
Michael L. Glass
Senior Vice President / Division Manager
Financing By
Listing Price: $1,192,250
Cap Rate
7.50%
Tenant Name
Dollar General
Years Remaining On Lease
9.8
Guarantor
Corporate Guarantee
Rentable SF
9,180
Lease Type
Double Net
Rent Per Square Feet
$9.75
Investment Highlights
- Dollar General Conversion Store With a Brand New 10 Year Double Net (NN) Lease | Minimal Landlord Responsibilities | Expected to Deliver in Early 2024
- Four, 5-Year Renewal Options with 10 Percent Rental Increases In Each Option | Property Features Large Parking Lot with Lighted Signand Excellent Visibility Along Main Street
- Strong Location Along US-42/W Main Street, Seeing 4,300+ Vehicles Per Day
- Situated On a Main Traffic Artery Into Downtown Cardington | US-42 Runs Southwest-Northeast From Cincinnati to Cleveland
- Located Next to the Yutaka Technologies Automotive Component Plant with 700+ Employees
- Directly Next to a Self Storage Facility and a Manufactured Home Community
- Strong Demographics: Population Exceeds 16,800 Within 5-Miles and is Projected to Increase by 2027
- Cardington is 45 Miles From Downtown Columbus and 30 Miles From Mansfield
Investment Overview
Marcus & Millichap is pleased to bring to market Dollar General located in Cardington, OH.
Exclusively Listed By
Broker of Record
-
Michael L. Glass
Senior Vice President / Division Manager
Financing By
