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Brand New Construction Dollar General w/ Strong Demos | 15 Year Absolute Net Lease | Dayton, OH MSA

8381 Keister Rd, Germantown (Dayton MSA), OH 45042

Listing Price: $2,154,240

Cap Rate
5.00%
Tenant Name
Dollar General
Years Remaining On Lease
15.0
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$202.47
Lease Type
Absolute Net
Rent Per Square Feet
$10.12

Investment Overview

Germantown is a city in Montgomery County, Ohio. The population was 5,547 at the 2010 census. As of the 2020 census, the population of Montgomery County was 537,309, making it the fifth-most populous county in Ohio. It is part of the Dayton Metropolitan Statistical Area. As of 2020 it is the fourth largest metropolitan area in Ohio and the 73rd largest Metropolitan Area by Population in the United States. As of the 2010 census, the MSA had a population of 799,232 based on a change in MSA defining criteria as of 2013, which eliminated Preble County. Prior to this change metro population was 840,325. This exclusion was applied retroactively to the 2010 population figures.

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2022 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 - Hard Corner Location. Positioned Along the City's Main Road
  • Well Above Average Demographics for any Dollar General: Features more than 45k People Residing within a 5-Mile Radius.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (216) 264-2000

    License(s) OH: BRK.2007005898

    Ohio

Financing By

Discount

Brand New Construction Dollar General w/ Strong Demos | 15 Year Absolute Net Lease | Dayton, OH MSA

Listing Price: $2,154,240

Cap Rate
5.00%
Tenant Name
Dollar General
Years Remaining On Lease
15.0
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$202.47
Lease Type
Absolute Net
Rent Per Square Feet
$10.12

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2022 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 - Hard Corner Location. Positioned Along the City's Main Road
  • Well Above Average Demographics for any Dollar General: Features more than 45k People Residing within a 5-Mile Radius.

Investment Overview

Germantown is a city in Montgomery County, Ohio. The population was 5,547 at the 2010 census. As of the 2020 census, the population of Montgomery County was 537,309, making it the fifth-most populous county in Ohio. It is part of the Dayton Metropolitan Statistical Area. As of 2020 it is the fourth largest metropolitan area in Ohio and the 73rd largest Metropolitan Area by Population in the United States. As of the 2010 census, the MSA had a population of 799,232 based on a change in MSA defining criteria as of 2013, which eliminated Preble County. Prior to this change metro population was 840,325. This exclusion was applied retroactively to the 2010 population figures.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (216) 264-2000

    License(s): OH: BRK.2007005898

    Ohio

Financing By

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