101 N Main St - Freestanding FOR SALE
Grover Hill, OH 45849 |
$2,125,524 USD
858-373-3184
101 N Main St
Grover Hill, OH 45849
HIGHLIGHTS
- 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 5% Rental Increases Every 5 Years Throughout the Initial Term and Options.
- Brand New 2024 High Quality Construction. Dollar General Market is a Larger Format Store with Expanded Grocery Offerings.
- This new Concept Offers Fresh Food Options including Fruits and Vegetables, Home Goods, Apparel and more.
- Ranked #108 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating “BBB” by S&P’s & Annual Revenue of $37B+.
- Features Easy Access and Excellent Visibility along the City’s Main Road - Hard Corner Location. Limited Competition.
OVERVIEW
Dollar General Market | 15 Year Absolute Net Lease w/ Rent Increases | Larger Format Store Concept | Brand New 2024 Construction | Hard Corner Location | Limited Competition | Amazon Resistant Investment Grade Retail Concept
Ohio Broker of Record: Michael Glass | 500 Neil Ave., Ste. 100 Columbus, OH 43215 | P: (614) 360-9800 | Lic. # BRK.2007005898 | Michael.Glass@MarcusMillichap.com
FOR SALE DETAILS
PRICE
$2,125,524 USD
PRICE/SF
$170 USD /SF
CAP RATE
7.15%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
DOLLAR GENERAL MARKET | 15YR NNN W/ INCREASES
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Convenience Store, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.3 AC
LAND SF
56,628 SF
ZONING
-
APN/PARCEL ID
26-08S-015-00,26-08S-016-00,26-08S-027-00
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858-373-3184
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858-373-3184
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