326 Main St - Convenience Store FOR SALE


Kirkersville, OH 43033
$2,199,111 USD
734-755-6359
326 Main St, Kirkersville, OH for Sale
$2,199,111 USD
Convenience Store - FOR SALE
1/3
null | 6.75% Cap Rate

326 Main St
Kirkersville, OH 43033


HIGHLIGHTS

  • Zero Landlord Responsibilities
  • 2025 BTS Plus Size Construction
  • 5% Rental Rate Increases Every 5 Years!
  • 3 Mile Household Income $110,862
  • 10 Mile Population 126,133 | Expected 5.50% Growth
  • The Only Dollar Store Serving the Community!

OVERVIEW

Fortis Net Lease is pleased to present this 2025 BTS 10,640 SF. Dollar General Plus store located in Kirkersville, Ohio. The property is secured with a 15 year Absolute NNN Lease leaving zero landlord responsibilities. The lease contains 5% rental rate increases every 5 years including at each of the 4 (5 year) options to renew. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The store will start construction soon with opening & rent start on track for October 2025. This Dollar General is highly visible as it is strategically positioned on E Main Street (Highway 40) seeing 3,091 cars per day. The store is the only dollar store serving this community! The 10 mile population from the site is 126,133 and the 3 mile average household income is $110,862 per year, making this location ideal for a Dollar General. This area is also seeing great population growth with the 10 mile growth rate at 5.50%. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store. List price reflects a 6.75% cap rate based on NOI of $148,440.

FOR SALE DETAILS

PRICE

$2,199,111 USD

PRICE/SF

$207 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General Plus

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.32 AC

LAND SF

101,059 SF

ZONING

C-1

APN/PARCEL ID

026-080088-00.000

ASK ABOUT THIS PROPERTY

Bryan BenderFortis Net LeaseMore Info
734-755-6359

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Bryan BenderFortis Net LeaseMore Info
734-755-6359

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