100 E Main St - Freestanding FOR SALE


New London, OH 44851
$660,000 USD
800-385-6421
100 E Main St, New London, OH for Sale
$660,000 USD
Freestanding - FOR SALE
1/7
null | 9% Cap Rate

100 E Main St
New London, OH 44851


OVERVIEW

Strong Population Numbers: 2,500+ people in a 1-mile radius. Excellent Visibility Along Main Street: Nearly 2,000 vehicles daily pass the property. Long Operating History: DG had been here for nearly 20 years and are committed until 2028. Already Exercised an Option: DG has already renewed one option showing further site commitment. Low Competition: No other Dollar General stores within a 9-mile radius. HVAC Replaced 6 Years Ago: DG bought the units, LL paid for installation. Parking Lot Maintenance: DG pays $563.38/month on top of rent for parking lot to LL & the parking lot gets sealed every 3 years. NN Lease - Minimal Landlord responsibilities. Investment Grade Tenant - Dollar General holds a BBB rating from S&P and is considered an investment-grade credit tenant. This rating ensures a high likelihood of on-time payments and offers stability to investors.

FOR SALE DETAILS

PRICE

$660,000 USD

PRICE/SF

$73 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,719 SF

ZONING

commercial

APN/PARCEL ID

26-019B-01-063-0100

ASK ABOUT THIS PROPERTY

Gregory FitzgeraldTri-Oak Consulting GroupMore Info
800-385-6421

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Gregory FitzgeraldTri-Oak Consulting GroupMore Info
800-385-6421

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.