Discount
Dollar General
756 Ashland Rd, Mansfield, OH 44905
Listing Price: $1,015,400
Investment Overview
The subject property is former grocery store fully remodeled for a Dollar General and opened for business in 2013 in Mansfield, OH.
Dollar General signed a ten-year double net lease with 10% increases in each of the two, five year options to extend. Dollar General exercised it first option in 2023 demonstrating strong commitment to the location. Dollar General (NYSE: DG), a publicly traded company with an investment grade credit rating of “BBB” by Standard & Poor’s, has a market cap of $33.35 billion and an annual revenue north of $38.7 billion.
Dollar General
Investment Highlights
- Dollar General Has Occupied the Location for Over 11 Years and is Paying a Healthy Rent of $8.16/SF Compared to Dollar General Stores Nationally.
- Dollar General is Currently in Their First Option Period Demonstrating Strong Commitment to the Site.
- Strong Local Population with 42,531 and 66,771 People Residing in a 3-mile and 5-Mile Radius, Respectively.
Exclusively Listed By
Broker of Record
-
Michael L. Glass
Senior Vice President / Division Manager
Financing By
Listing Price: $1,015,400
Investment Highlights
- Dollar General Has Occupied the Location for Over 11 Years and is Paying a Healthy Rent of $8.16/SF Compared to Dollar General Stores Nationally.
- Dollar General is Currently in Their First Option Period Demonstrating Strong Commitment to the Site.
- Strong Local Population with 42,531 and 66,771 People Residing in a 3-mile and 5-Mile Radius, Respectively.
Investment Overview
The subject property is former grocery store fully remodeled for a Dollar General and opened for business in 2013 in Mansfield, OH. Dollar General signed a ten-year double net lease with 10% increases in each of the two, five year options to extend. Dollar General exercised it first option in 2023 demonstrating strong commitment to the location. Dollar General (NYSE: DG), a publicly traded company with an investment grade credit rating of “BBB” by Standard & Poor’s, has a market cap of $33.35 billion and an annual revenue north of $38.7 billion.
Exclusively Listed By
Broker of Record
-
Michael L. Glass
Senior Vice President / Division Manager
Financing By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
