101 Main st - Freestanding FOR SALE


Wilkesville, OH 45695
$1,903,104 USD
732-832-5414
101 Main st, Wilkesville, OH for Sale
$1,903,104 USD
Freestanding - FOR SALE
1/3
null | 7.15% Cap Rate

101 Main st
Wilkesville, OH 45695


HIGHLIGHTS

  • New Lease structure containing 5.00% rental increases every 5 years in the primary term & at the beginning of each of the Five, 5-Year Options.
  • Brand new 15-year lease with estimated delivery December, 2024.
  • 2024 built-to-suit construction for Dollar General – Up to date with tenants current development specifications.
  • Absolute NNN Lease with zero landlord responsibilities, ideal for investors seeking a passive stream of cash flow.
  • ±10,542 square foot building is developed to the tenant’s current specifications, offering ample space for consumable products.
  • Strong Corporate Guaranty: From Dollar General Corporation, a Fortune 500 company, boasting a BBB credit rating (S&P) and a $17 billion market cap.

OVERVIEW

Broker of Record Matt Wallace License No. REC.2022007141 (OH) (866) 889-0550 Matthews Real Estate Investment Services, Inc 950 Main Ave., Suite 510, Cleveland, OH 44113

FOR SALE DETAILS

PRICE

$1,903,104 USD

PRICE/SF

$181 USD /SF

CAP RATE

7.15%

% 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

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,222 SF

ZONING

-

APN/PARCEL ID

18-00137.000

ASK ABOUT THIS PROPERTY

Edward DesimoneMatthews Real Estate Investment ServicesMore Info
732-832-5414

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Edward DesimoneMatthews Real Estate Investment ServicesMore Info
732-832-5414

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