Dollar General | 15-Yr Abs NNN w/ Increases 1301-1305 N Main St

Investment Highlights

Brand New 2024 Construction Dollar General (NYSE: DG) Corporate Guarantee (Investment Grade Credit - S&P Rated BBB) Traffic Counts Exceed 11,500 Vehicles Per Day New 15-Year Absolute NNN Lease w/ Rare 5% Rent Increases Every 5-Years in Primary Term & Options (Zero LL Responsibilities) Excellent Visibility & Access on North Main Street Minutes from Downtown Urbana, 45 Miles to Downtown Columbus, and 39 Miles to Downtown Dayton, OH

Executive Summary

The subject property is a newly constructed freestanding Dollar General located in Urbana (Outside Columbus), OH. The new 15-year absolute NNN lease includes rare 5% rental increases every 5-years in the primary lease term and in the (4) five-year option periods. The lease is corporately guaranteed by Dollar General (NYSE: DG), an investment grade credit tenant, rated BBB by Standard & Poor's.This location benefits from its excellent visibility and frontage on North Main Street, a major thoroughfare through Urbana which boasts over 11,500 vehicles per day. This Dollar General is just minutes from downtown Urbana, OH, 45 miles to downtown Columbus, and 39 miles to downtown Dayton, OH.National retailers in the immediate vicinity include Dairy Queen, Speedway Gas Station, USPS, White?s Ford Dealership, Dunkin? Donuts, Kroger, Walmart, and many more. This is an excellent opportunity for an investor to purchase a stable, long term corporately guaranteed investment with zero landlord responsibility.

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Freestanding Freestanding General Retail Convenience Store General Retail Fast Food General Retail Storefront Freestanding
• Building Size    9,100
• Building Class    C
• Year Built    2024
• Price    2,089,102
• Price Per SF    230
• Cap Rate    6.35
• NOI    132,658
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.14
• Land Acres    1.52 AC