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DOLLAR GENERAL | HUNTSVILLE, OHIO

Purchase Price
$1,163,467
Location
6793 Lima St
Cap Rate
7.50%
Annual Rent
$87,260.04
Building Size
9,100 SF
Land Area
1.68 Acres
Ownership
Fee Simple
Lease Type
Absolute NNN
Term Remainning
4.75 Years
LEASE EXPIRATION
11/30/2030
Renewal Options
Three (3) - Five (5) Year
RENT INCREASES
10% at Options
Parking
32 Spaces
Year Built
2015
APN
24-048-11-02-002-00
Traffic Counts
10,124 VPD

INVESTMENT HIGHLIGHTS

 

DOLLAR GENERAL CORPORATE GUARANTEED LEASE:

  • Approximately 4.75 Years Remaining in the Initial 15 Year Lease Term
  • 2015 Construction - Build-to-Suit Dollar General
  • 9,100 SF Building | 1.68 Acre Parcel
  • Three (3) - Five (5) Year Option Periods at 10% Rent Increases
 

ABSOLUTE NNN LEASE:

  • Absolute NNN Lease with ZERO Management Responsibilities
  • Tenant Pays for ALL Operating Expenses, Insurance & Reimburses Property Taxes
 

PROXIMITY FROM HUNTSVILLE, OHIO:

  • Lima, OH | 28 Miles
  • Columbus, OH | 62 Miles
  • Toledo, OH | 91 Miles
  • Fort Wayne, IN | 92 Miles
  • Cincinnati, OH | 122 Miles
  • Cleveland, OH | 156 Miles
 

TRADE AREA DEMOGRAPHICS:

  • 3-Mile Population = 1,962 Residents | $99,726 Average Household Income
  • 5-Mile Population = 8,435 Residents | $104,368 Average Household Income
  • 7-Mile Population = 24,451 Residents | $96,390 Average Household Income
  • 10-Mile Population = 36,201 Residents | $96,206 Average Household Income
  • 15-Mile Population = 54,682 Residents | $99,414 Average Household Income
 

TENANT:

  • Strong Investment Grade Credit Rating of "BBB" by Standard & Poor's
  • Ranked #112 on the Fortune 500 List
  • 20,893 Stores in 48 States

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