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Brand New Construction Dollar General | Outside Columbus | 15 Year Absolute Net Lease

26590 Virginia Valley Rd, Rockbridge (Outside Columbus), OH 43149

Listing Price: $2,050,636

Cap Rate
5.35%
Tenant Name
Dollar General
Years Remaining On Lease
15.0
Gross SF
9,100
Guarantor
Corporate Guarantee
Rentable SF
9,100
Price/Gross SF
$225.34
Lease Type
Absolute Net
Rent Per Square Feet
$12.06

Investment Overview

Rockbridge is an unincorporated community and census-designated place (CDP) in eastern Good Hope Township, Hocking County, Ohio. It is located at the interchange of U.S. Route 33 and State Route 374, between Logan and Lancaster. The area around Rockbridge contains many tourist destinations, including portions of the Hocking Hills State Park System and Clear Creek, part of the Columbus Metro Parks system. Hocking County is included in the Columbus, OH Metropolitan Statistical Area. The population of the Columbus MSA is 2,078,725 according to 2017 census estimates, making the Columbus metropolitan area the 32nd most populous in the United States and the second largest in Ohio behind the Cincinnati Metropolitan Statistical Area.

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2021 Construction.
  • Ranked #112 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $33.74 Billion.
  • Features Easy Access and Excellent Visibility. Positioned Along the City's Main Road (U.S. Route-33) with Daily Traffic Counts Exceeding 24k Vehicles.
  • The Area around Rockbridge contains many Tourist Destinations, including portions of the Hocking Hills State Park System and Clear Creek, part of the Columbus Metro Parks system.

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (216) 264-2000

    License(s) OH: BRK.2007005898

    Ohio

Discount

Brand New Construction Dollar General | Outside Columbus | 15 Year Absolute Net Lease

Listing Price: $2,050,636

Cap Rate
5.35%
Tenant Name
Dollar General
Years Remaining On Lease
15.0
Gross SF
9,100
Guarantor
Corporate Guarantee
Rentable SF
9,100
Price/Gross SF
$225.34
Lease Type
Absolute Net
Rent Per Square Feet
$12.06

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2021 Construction.
  • Ranked #112 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $33.74 Billion.
  • Features Easy Access and Excellent Visibility. Positioned Along the City's Main Road (U.S. Route-33) with Daily Traffic Counts Exceeding 24k Vehicles.
  • The Area around Rockbridge contains many Tourist Destinations, including portions of the Hocking Hills State Park System and Clear Creek, part of the Columbus Metro Parks system.

Investment Overview

Rockbridge is an unincorporated community and census-designated place (CDP) in eastern Good Hope Township, Hocking County, Ohio. It is located at the interchange of U.S. Route 33 and State Route 374, between Logan and Lancaster. The area around Rockbridge contains many tourist destinations, including portions of the Hocking Hills State Park System and Clear Creek, part of the Columbus Metro Parks system. Hocking County is included in the Columbus, OH Metropolitan Statistical Area. The population of the Columbus MSA is 2,078,725 according to 2017 census estimates, making the Columbus metropolitan area the 32nd most populous in the United States and the second largest in Ohio behind the Cincinnati Metropolitan Statistical Area.

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (216) 264-2000

    License(s): OH: BRK.2007005898

    Ohio

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