Dollar General | 2016 Construction | NNN Lease |… — Sale in Hebron, OH

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Hebron, OH 43025

Investment Figures

Cap rate
7.50%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present the offering for Dollar General in Hebron, OH. 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.

Market Context

This retail in Hebron, OH is listed for sale. It is offered at an approximate 7.5% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 87 days. Compare it against other retail listings for sale in Hebron, OH — view the full market.

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