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Dollar General | Limited Competition

15794 OH-104, Vinton, OH 45686

Listing Price: $2,026,000

Cap Rate
6.60%
Tenant Name
Dollar General
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$14.69

Investment Overview

2026 CONSTRUCTION DOLLAR GENERAL
• New construction Dollar General located in Vinton, OH.
• This Dollar General is currently under construction and scheduled to open in March 2026.

15 YEAR CORPORATE NNN LEASE WITH INCREASES IN INITIAL TERM
• This property features a 15-year corporate guaranteed NNN lease with Dollar General with 5% rent increases every 5 years.
• Tenant is 100% responsible for all expenses, including parking lot, taxes, insurance, roof, and structure.
• There are 5% increases every 5 years in the initial lease term and in each of the five 5-year option periods.

INVESTMENT GRADE TENANT (S&P: BBB) WITH 21,000 LOCATIONS
• Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB.
• Currently over 21,000 locations and plans to open 750 stores in 2025.
• Dollar General has been in business for 80 years and has a current net worth of over $18.16B.

LIMITED DOLLAR STORE COMPETITION
• This is the only Dollar Store in Vinton, OH and the nearest Dollar Store is over 8 miles away.

CLOSE PROXIMITY TO JACKSON, OH | COUNTY SEAT
• The subject property is located 30 minutes southeast of Jackson, OH.
• Jackson is home to multiple national retailers including Walmart, Kroger, Tractor Supply Co., multiple fast food restaurants, and more.
• There are multiple industrial and manufacturing plants in Jackson that account for over 600 jobs in the area.
• Jackon is the county seat of Jackson County and benefits from steady government jobs, administrative traffic, and local service economy.

Investment Highlights

  • 2026 Construction Dollar General
  • 15 Year Corporate NNN Lease With Increases In Initial Term
  • Investment Grade Tenant (S&P: BBB) With 21,000 Locations
  • Limited Dollar Store Competition
  • Close Proximity To Jackson, OH | County Seat

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Executive Managing Director, Chief Revenue Officer- Mid-West Division

    (614) 360-9800

    License(s) OH: BRK.2007005898

    Ohio

Financing By

Discount

Dollar General | Limited Competition

Listing Price: $2,026,000

Cap Rate
6.60%
Tenant Name
Dollar General
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$14.69

Investment Highlights

  • 2026 Construction Dollar General
  • 15 Year Corporate NNN Lease With Increases In Initial Term
  • Investment Grade Tenant (S&P: BBB) With 21,000 Locations
  • Limited Dollar Store Competition
  • Close Proximity To Jackson, OH | County Seat

Investment Overview

2026 CONSTRUCTION DOLLAR GENERAL • New construction Dollar General located in Vinton, OH. • This Dollar General is currently under construction and scheduled to open in March 2026. 15 YEAR CORPORATE NNN LEASE WITH INCREASES IN INITIAL TERM • This property features a 15-year corporate guaranteed NNN lease with Dollar General with 5% rent increases every 5 years. • Tenant is 100% responsible for all expenses, including parking lot, taxes, insurance, roof, and structure. • There are 5% increases every 5 years in the initial lease term and in each of the five 5-year option periods. INVESTMENT GRADE TENANT (S&P: BBB) WITH 21,000 LOCATIONS • Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB. • Currently over 21,000 locations and plans to open 750 stores in 2025. • Dollar General has been in business for 80 years and has a current net worth of over $18.16B. LIMITED DOLLAR STORE COMPETITION • This is the only Dollar Store in Vinton, OH and the nearest Dollar Store is over 8 miles away. CLOSE PROXIMITY TO JACKSON, OH | COUNTY SEAT • The subject property is located 30 minutes southeast of Jackson, OH. • Jackson is home to multiple national retailers including Walmart, Kroger, Tractor Supply Co., multiple fast food restaurants, and more. • There are multiple industrial and manufacturing plants in Jackson that account for over 600 jobs in the area. • Jackon is the county seat of Jackson County and benefits from steady government jobs, administrative traffic, and local service economy.

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Executive Managing Director, Chief Revenue Officer- Mid-West Division

    (614) 360-9800

    License(s): OH: BRK.2007005898

    Ohio

Financing By

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