Dollar General | 2020 Construction | NNN Lease |… — Sale in Greenwich, OH

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Greenwich, OH 44837

Investment Figures

Cap rate
6.75%

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 Greenwich, OH. 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.

Market Context

This retail in Greenwich, OH is listed for sale. It is offered at an approximate 6.8% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Greenwich, OH — view the full market.

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