Dollar General | Double Net Lease | Proximity to… — Sale in Springfield, OH
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Springfield, OH 45506
Photos
Investment Figures
- Cap rate
- 8.00%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap is pleased to present the offering for Dollar General in Springfield, Ohio. Investment Highlights: • SINGLE TENANT DOLLAR GENERAL LOCATION: 10,860-Square-Foot on a Large 1.68 Acre Lot • DOUBLENET LEASE: Six Years Remaining on a 10-Year Double-Net Lease with Four, Five-Year Renewal Options and 10 Percent Rental Increases in Each Option. Minimal Landlord Responsibilities • CORPORATE GUARANTEE: Lease is Guaranteed by Dollar General, with Over 20,000 Locations Across 48 States • FEE SIMPLE OWNERSHIP: Provides the Buyer with the Highest Form of Real Estate Ownership and Absolute Control Over the Asset • HIGH VISIBILITY LOCATION: Located Along Springfield Xenia Road with High Visibility and Lighted Pylon Sign. Easy Access from Both Traffic Directions. Four Miles from Downtown Springfield • HIGH TRAFFIC CORRIDOR: Located Just Off of Interstate 70 Seeing 55,800 Vehicles Per Day, a Major East-West Highway Connecting Dayton to Columbus and on to Pittsburgh • 2 MILES FROM SPRINGFIELD-BECKLEY MUNICIPAL AIRPORT: Springfield-Beckley is a General Aviation Airport and Home to The Ohio Air National Guard 178th Wing Unit • PROXIMITY BETWEEN TWO MAJOR OHIO METRO AREAS: Springfield Is 30 Miles from Downtown Dayton Area, the 4th Largest Metro in Ohio. Columbus, the State Capital, is 30 Miles West and the Most Populous City in Ohio
Market Context
This retail in Springfield, OH is listed for sale. It is offered at an approximate 8.0% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Springfield, OH — view the full market.
Contact
- Dante Moretti · (614) 360-9077 · dante.moretti@marcusmillichap.com
- Dan Yozwiak · (614) 360-9036 · dan.yozwiak@marcusmillichap.com
- DP Patel · (813) 387-4812 · darpan.patel@marcusmillichap.com
- Jamie Litzler · (614) 360-9817 · jamie.litzler@marcusmillichap.com
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