Dollar General

| Green Springs | OH Back to Properties


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Property Details

  • Price: $1,303,278
  • Transaction Type: For Sale
  • Property Type: Retail
  • Building Size: 9,000 SF
  • Lot Size: 1.44 AC
  • Cap Rate: 6.10%
  • Lease Term 9 years
  • Lease Type NNN

Property Description

HMX Realty Advisors exclusively presents the Dollar General located at 453 N Broadway St in Green Springs, OH. The subject is a 9,014-square foot freestanding building. Built in June 2014, the store sits on a 1.44 acre parcel, which is Dollar General’s prototypical lot size. Over 11+ years currently remain on the absolute triple net lease that expires June 30, 2029. The lease is corporately guaranteed by Dollar General and has has four 5-year renewal options remaining with 10% rental increases at each renewal. This absolute triple net lease leaves the tenant responsible for roof, structure, parking lot, landscaping and repairs; there are no landlord responsibilities.

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Financial Summary (Actual - )

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