Discount
Dollar General Market | BTS in 2024 | Relocation | Cincinnati MSA
974 W Main St, Williamsburg, OH 45176
Listing Price: $2,595,000
Cap Rate
6.87%
Tenant Name
Dollar General
Years Remaining On Lease
15.0
Guarantor
Corporate Guarantee
Rentable SF
12,480
Lease Type
Absolute Net
Rent Per Square Feet
$14.28
Investment Overview
Marcus & Millichap is pleased to bring to market the Dollar General Market Located in Williamsburg, OH (Cincinnati MSA).
Dollar General Market | BTS in 2024 | Relocation | Cincinnati MSA
Investment Highlights
- New Construction DG Market | Build-to-Suit in 2024 | 12,480-SF on a Large 2.77-AC Parcel | 1 of 129 Relocated Stores in 2023
- Proven Location | Due to Success in the Market, DG Expanded its Footprint and Relocated Next to Prior Location
- 15-Year Absolute NNN Lease with Rare 5% Rent Increases Every 5-Years and in The 3, 5-Year Option Terms
- No Landlord Responsibilities | Tenant is Responsible for Insurance, Taxes, Interior, Exterior, Including Roof, HVAC and Parking Lot
- Boasts High Visibility Along a Main Thoroughfare. With Two Access Points and Exposure to 10,200+ VPD | Proximity to a Dense Industrial Corridor, Which Includes Major Employers like Nestle-Purina Pet Food Plant, General Electric Aerospace, Huhtamaki Packaging, with an Estimated 800+ Employees
- In 2020, Nestle-Purina PetCare Announced Plans to Build a $550M Facility within 3-Miles of Subject Property by 2024, Adding 300 Jobs | Proximity to Williamsburg High School, and Both Batavia Elementary and High School with 2,480+ Total Students & Teachers Combined
- Historical Significance: Williamsburg was the First County Seat, Founded in 1796 | Williamsburg is Located 25 Miles East of Downtown Cincinnati in Clermont County, One of Fastest Growing Counties in Tri-State Area
- Strong Demographics: Population Exceeds 33,700 Within 7-Mile Radius and is Expected to Grow by 3.50% through 2027
Exclusively Listed By
Broker of Record
-
Michael L. Glass
Senior Vice President / Division Manager
Financing By
Discount
Dollar General Market | BTS in 2024 | Relocation | Cincinnati MSA
Listing Price: $2,595,000
Cap Rate
6.87%
Tenant Name
Dollar General
Years Remaining On Lease
15.0
Guarantor
Corporate Guarantee
Rentable SF
12,480
Lease Type
Absolute Net
Rent Per Square Feet
$14.28
Investment Highlights
- New Construction DG Market | Build-to-Suit in 2024 | 12,480-SF on a Large 2.77-AC Parcel | 1 of 129 Relocated Stores in 2023
- Proven Location | Due to Success in the Market, DG Expanded its Footprint and Relocated Next to Prior Location
- 15-Year Absolute NNN Lease with Rare 5% Rent Increases Every 5-Years and in The 3, 5-Year Option Terms
- No Landlord Responsibilities | Tenant is Responsible for Insurance, Taxes, Interior, Exterior, Including Roof, HVAC and Parking Lot
- Boasts High Visibility Along a Main Thoroughfare. With Two Access Points and Exposure to 10,200+ VPD | Proximity to a Dense Industrial Corridor, Which Includes Major Employers like Nestle-Purina Pet Food Plant, General Electric Aerospace, Huhtamaki Packaging, with an Estimated 800+ Employees
- In 2020, Nestle-Purina PetCare Announced Plans to Build a $550M Facility within 3-Miles of Subject Property by 2024, Adding 300 Jobs | Proximity to Williamsburg High School, and Both Batavia Elementary and High School with 2,480+ Total Students & Teachers Combined
- Historical Significance: Williamsburg was the First County Seat, Founded in 1796 | Williamsburg is Located 25 Miles East of Downtown Cincinnati in Clermont County, One of Fastest Growing Counties in Tri-State Area
- Strong Demographics: Population Exceeds 33,700 Within 7-Mile Radius and is Expected to Grow by 3.50% through 2027
Investment Overview
Marcus & Millichap is pleased to bring to market the Dollar General Market Located in Williamsburg, OH (Cincinnati MSA).
Exclusively Listed By
Broker of Record
-
Michael L. Glass
Senior Vice President / Division Manager
Financing By
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