x
By submitting, you're allowing YAFC Team to email you regarding available listings. You can unsubscribe anytime.

x

Dollar General, Big Prairie, OH

Dollar General

Big Prairie, Ohio

Price $1,781,000
Cap Rate 5.50%
NOI $97,944
Lease Term 15 Years
Lease Type Absolute NNN Lease, With Tenant Responsible For All Taxes, Insurance, And Maintenance, Including Roof, Structure, And Parking Lot
Rental Increases 10% Rental Increases In Option Periods
Year Built 2021
Building Size 9,026 SF
Lot Size 2.144 Acres (93,393 SF)
Status Available
Lead Broker Information Michael T. Yuras, CCIM
Executive Managing Director
415.481.0788
michael.yuras@cushwake.com
CA RE License #01823291

Scott Crowle
Executive Director
415.604.4288
scott.crowle@cushwake.com
CA RE License #01318288

Vincent Aicale
Executive Director
415.690.5522
vince.aicale@cushwake.com
CA RE License #01728696

Ryan Forsyth
Executive Director
415.413.3005
ryan.forsyth@cushwake.com
CA RE License #01716551

Investment Highlights

15-YEAR ABSOLUTE NNN LEASE WITH CORPORATE GUARANTY
» Guaranteed by Dollar General Corporation (NYSE: “DG”)
» Dollar General’s annual revenue exceeds $27.8 billion
» Dollar General Ranked #119 on Fortune 500 list (11 consecutive years of Fortune 500 ranking growth)
» Dollar General operates more than 16,350 locations in 45 states and has plans for significant future growth
» No landlord management, with the tenant responsible for taxes, insurance, and all maintenance, including roof, structure, and parking lot
» Ideal investment opportunity for an out-of-area investor

HIGH-TRAFFIC LOCATION IN POPULOUS AND GROWING AREA
» High-traffic location along State Route 39 with excellent visibility
» 52,412 residents within a fifteen-mile radius of the property, establishing a large customer base for the site
» Beneficial proximity to Pomerene Hospital and Knox Community Hospital (combined 140 beds, 586 employees)

NEW 2021 CONSTRUCTION
» High-quality construction completed in 2021
» Features Dollar General’s latest prototype



Property Description

The property has a high-traffic location along State Route 39. The site is also centrally located near several tourist attractions and community hubs. The property is located in a densely populated area, with 52,412 residents living within a 15-mile radius of the site.

Dollar General is poised to grow along with the location, with a projected nine percent average annual household income increase within one mile of the site in the next five years. The property maintains a beneficial proximity to Big Prairie’s primary healthcare providers, Pomerene Hospital and Knox Community Hospital (combined 140 beds, 586 employees).

Contact Us About This Property

Mike & Scott & Vince & Ryan Form
Sending
JOIN OUR
EMAIL LIST
SUBSCRIBE
Receive Our Latest Single and Multi-Tenant Listings
close-link