103 E High St - Supermarket FOR SALE


Edison, OH 43320
$1,866,667 USD
402-413-8527
103 E High St, Edison, OH for Sale
$1,866,667 USD
Supermarket - FOR SALE
1/1
null | 6.75% Cap Rate

103 E High St
Edison, OH 43320


HIGHLIGHTS

  • NEW 15-YEAR ABSOLUTE NNN - 5% Rent Increases Every 5 Years, Including All 25 Years Renewal Options.
  • NEARBY WHIRLPOOL & HONDA MANUFACTURING PLANTS – Over 7,000 Employees. Significant Economic Drivers
  • NASCAR & INDYCAR CITY // NEARBY MOHICAN STATE PARK - 25+ Annual Racing Events. Dramatic Clear Fork Gorge Trails
  • ZERO LANDLORD RESPONSIBILITY. GUARANTEED CORPORATE LEASE - No Management Required. Passive Rental Income.
  • NATIONAL INVESTMENT-GRADE TENANT [NYSE:DG] - #112 Fortune 500 Companies. $40B Revenue. S&P Investment Grade BBB.

OVERVIEW

Touchstone Commercial Partners is pleased to offer a single-tenant, net lease Dollar General Store in Edison, Ohio. This property has an absolute NNN lease with zero landlord responsibilities. The lease starts in August 2025 and runs through August 2040. The rent increases 5% every 5 years, and there are five 5-year renewal options, each also with 5% rent bumps. The lease is guaranteed by Dollar General Corporation which has over 20,500 stores and an impressive S&P investment-grade rating of BBB. Edison, OH sits at a geographic sweet spot where three regional markets—Marion, Mansfield, and Mount Vernon—overlap, placing 225,000 residents and a labor force of 120,000 within a 40-minute drive. Leading employers include Honda Engine & Auto Operations and Whirlpool Plan. The Dollar General store is only minutes from US-42, itself part of a $5.5 million upgrade to the SR-61/US-42 freight corridor. Broker of Record: Brian Brockman, Bang Realty Inc., OH Lic #BRK.2009000214

FOR SALE DETAILS

PRICE

$1,866,667 USD

PRICE/SF

$205 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General // Nearby Whirpool Plant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

ADD'L SUBTYPES

Convenience Store, Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Andrew VuTouchstone Commercial Partners, Inc.More Info
402-413-8527

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Andrew VuTouchstone Commercial Partners, Inc.More Info
402-413-8527

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