1640 S Yellow Springs St - Freestanding FOR SALE


Springfield, OH 45506
$1,187,500 USD
586-200-0041
1640 S Yellow Springs St, Springfield, OH for Sale
$1,187,500 USD
Freestanding - FOR SALE
1/3
null | 8% Cap Rate

1640 S Yellow Springs St
Springfield, OH 45506


HIGHLIGHTS

  • Just ±5 miles from the National Advanced Air Mobility Center of Excellence, a ±$9 million state-of-the-art research hub
  • Strategically positioned between I-70 (±59,000 vehicles/day), Route 68 (±20,000+ vehicles/day), and Limestone St (±14,000+ vehicles/day)
  • Located in the Springfield City School District, home to ±14 schools and ±7,000+ students and Clark State College (±5,300 students) just ±2 miles away
  • 2014 Build-to-Suit Dollar General on a NNN lease, corporate guaranteed with strong credit rating (BBB), and 4+ years of lease remaining

OVERVIEW

AMC Real Estate Investment Services is pleased to offer for sale this corporately guaranteed Dollar General in Springfield, Ohio. Built in 2014 as a Dollar General build-to-suit, this NNN-leased asset offers approximately 4.1 years of remaining term with zero landlord responsibilities, backed by Dollar General’s investment-grade credit (S&P: BBB). Priced at $1,187,500 with an attractive 8.00% cap rate, the property delivers stable income in a diverse and growing market. Strategically located along S. Yellow Springs Street with exposure to over 7,600 vehicles per day, the site benefits from proximity to Interstate 70 (59,000 VPD) and is surrounded by national retailers, healthcare anchors, and educational institutions. Springfield is home to Mercy Health Springfield Regional Medical Center, Wittenberg University, Clark State College, and the newly opened $9 million National Advanced Air Mobility Center of Excellence — positioning the city as a regional hub for healthcare, education, and next-generation aviation.

FOR SALE DETAILS

PRICE

$1,187,500 USD

PRICE/SF

$150 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,787 SF

ZONING

-

APN/PARCEL ID

34-00600-00320-4011

ASK ABOUT THIS PROPERTY

Corbin MontpasAMC Commercial Real Estate Investment ServicesMore Info
586-200-0041

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Corbin MontpasAMC Commercial Real Estate Investment ServicesMore Info
586-200-0041

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