Discount
Dollar General | 2020 Construction | NNN Lease | Large 1.44 AC Lot
5780 OH-13, Greenwich, OH 44837
Listing Price: $1,285,000
Cap Rate
6.75%
Tenant Name
Dollar General
Years Remaining On Lease
8.7
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$9.53
Investment Overview
Marcus & Millichap is pleased to present the offering for Dollar General in Greenwich, OH.
Dollar General | 2020 Construction | NNN Lease | Large 1.44 AC Lot
Investment Highlights
- DOLLAR GENERAL LOCATION: 2020 Build to Suit for Dollar General. 9,100-Square Feet on a Large 1.44 Acre Lot.
- Triple-Net Lease: 8.5 Years Remaining on the Original Triple-Net Lease with Three, 5-year Renewal Options and 10 Percent 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 OH-13 10 miles from downtown Mansfield, midway between Cleveland and Columbus.
- LOCAL TRAFFIC CORRIDOR: OH-13 Sees 4,400 Plus Vehicles Per Day (VPD). Positioned Within a One to Two Hour Drive of the Cleveland, Columbus, and Toledo Triangle, Making it a Prime Logistics Location.
- STABLE DEMOGRAPHICS: The Population Exceeds 97,500 within 15-miles of the Property.
Exclusively Listed By
Financing By
Discount
Dollar General | 2020 Construction | NNN Lease | Large 1.44 AC Lot
Listing Price: $1,285,000
Cap Rate
6.75%
Tenant Name
Dollar General
Years Remaining On Lease
8.7
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$9.53
Investment Highlights
- DOLLAR GENERAL LOCATION: 2020 Build to Suit for Dollar General. 9,100-Square Feet on a Large 1.44 Acre Lot.
- Triple-Net Lease: 8.5 Years Remaining on the Original Triple-Net Lease with Three, 5-year Renewal Options and 10 Percent 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 OH-13 10 miles from downtown Mansfield, midway between Cleveland and Columbus.
- LOCAL TRAFFIC CORRIDOR: OH-13 Sees 4,400 Plus Vehicles Per Day (VPD). Positioned Within a One to Two Hour Drive of the Cleveland, Columbus, and Toledo Triangle, Making it a Prime Logistics Location.
- STABLE DEMOGRAPHICS: The Population Exceeds 97,500 within 15-miles of the Property.
Investment Overview
Marcus & Millichap is pleased to present the offering for Dollar General in Greenwich, OH.
Exclusively Listed By
Financing By
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