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Dollar General | Cardington, OH

571 W Main St, Cardington, OH 43315

Listing Price: $1,278,000

Cap Rate
7.00%
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.

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

  • Colby Haugness

    First Vice President Investments

    (813) 387-4811

    Email Colby

    License(s): WA: 24012, OH: BRKP.2017005012, KY: 242197, MO: 2018032367, KS: 00241410, FL: BK3530505

    Tampa

  • Darpan Patel

    Senior Vice President Investments

    (813) 387-4812

    Email Darpan

    License(s): OH: SAL 2012000748

    Tampa

  • Dan Yozwiak

    Senior Vice President Investments

    (614) 360-9036

    Email Dan

    License(s): OH: SAL.2008003600

    Columbus

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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Dollar General | Cardington, OH

Listing Price: $1,278,000

Cap Rate
7.00%
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

  • Colby Haugness

    First Vice President Investments

    (813) 387-4811

    Email Colby

    License(s): WA: 24012, OH: BRKP.2017005012, KY: 242197, MO: 2018032367, KS: 00241410, FL: BK3530505

    Tampa

  • Darpan Patel

    Senior Vice President Investments

    (813) 387-4812

    Email Darpan

    License(s): OH: SAL 2012000748

    Tampa

  • Dan Yozwiak

    Senior Vice President Investments

    (614) 360-9036

    Email Dan

    License(s): OH: SAL.2008003600

    Columbus

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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