Dollar General | 2021 Construction | NNN Lease |… — Sale in Pomeroy, OH

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Pomeroy, OH 45769

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 Pomeroy, Ohio. Investment Highlights: • DOLLAR GENERAL LOCATION: 2021 Build-to-Suit for Dollar General. 9,100-Square-Foot on a Large 2.60 Acre Lot • NNN LEASE: 10.2 Years Remaining on the Original Triple-Net Lease with Three, Five-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 • LOCAL TRAFFIC CORRIDOR: High Visibility Along OH-7, Seeing 4,400-Plus Vehicles Per Day (VPD). Four Miles from US-33 Connecting to Athens, Ohio and on to Columbus with Over 7,600 Vehicles Per Day • COUNTY SEAT LOCATION: Pomeroy is the County Seat of Meigs County, Along the OH/WV Border. Meigs County Boasts a Cost of Living Index of 88.6, Well Below the National Average

Market Context

This retail in Pomeroy, 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 101 days. Compare it against other retail listings for sale in Pomeroy, OH — view the full market.

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