Discount
Dollar General | 2016 Construction | NNN Lease | Columbus, OH MSA
137 W Main St, Hebron, OH 43025
Listing Price: $1,321,000
Cap Rate
7.50%
Tenant Name
Dollar General
Years Remaining On Lease
5.5
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$10.89
Investment Overview
Marcus & Millichap is pleased to present the offering for Dollar General in Hebron, OH.
Dollar General | 2016 Construction | NNN Lease | Columbus, OH MSA
Investment Highlights
- DOLLAR GENERAL LOCATION: 2016 Build to Suit for Dollar General. 9,100-SF on a 0.99 acre lot.
- NNN LEASE: 5.5 years remaining on the original NNN lease with Three, 5-year renewal options and 10% rental increases in each option. No landlord responsibilities
- CORPORATE GUARANTEE: Lease is corporately guaranteed by Dollar General.
- FEE SIMPLE OWNERSHIP: Provides the buyer with the highest form of real estate ownership and absolute control over the asset.
- HIGH VISIBILITY LOCATION: Located along W Main St/I-70 ALT in downtown Hebron, 2 miles from I-70 and Buckeye Lake. 30 miles from downtown Columbus
- PROXIMITY TO MAJOR $28B DEVELOPMENT: 20 minutes from Intel's Ohio One Campus, a major $28 billion chip manufacturing plant currently under construction
- STRONG DEMOGRAPHICS: The population exceeds 209,300 within 15-miles of the property and is projected to increase by 2030.
Exclusively Listed By
Discount
Dollar General | 2016 Construction | NNN Lease | Columbus, OH MSA
Listing Price: $1,321,000
Cap Rate
7.50%
Tenant Name
Dollar General
Years Remaining On Lease
5.5
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$10.89
Investment Highlights
- DOLLAR GENERAL LOCATION: 2016 Build to Suit for Dollar General. 9,100-SF on a 0.99 acre lot.
- NNN LEASE: 5.5 years remaining on the original NNN lease with Three, 5-year renewal options and 10% rental increases in each option. No landlord responsibilities
- CORPORATE GUARANTEE: Lease is corporately guaranteed by Dollar General.
- FEE SIMPLE OWNERSHIP: Provides the buyer with the highest form of real estate ownership and absolute control over the asset.
- HIGH VISIBILITY LOCATION: Located along W Main St/I-70 ALT in downtown Hebron, 2 miles from I-70 and Buckeye Lake. 30 miles from downtown Columbus
- PROXIMITY TO MAJOR $28B DEVELOPMENT: 20 minutes from Intel's Ohio One Campus, a major $28 billion chip manufacturing plant currently under construction
- STRONG DEMOGRAPHICS: The population exceeds 209,300 within 15-miles of the property and is projected to increase by 2030.
Investment Overview
Marcus & Millichap is pleased to present the offering for Dollar General in Hebron, OH.
Exclusively Listed By
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