3822 Springfield-Xenia Rd - Storefront FOR SALE
Springfield, OH 45506 |
$1,098,700 USD
614-595-1674
3822 Springfield-Xenia Rd
Springfield, OH 45506
HIGHLIGHTS
- SINGLE TENANT DOLLAR GENERAL LOCATION: 10,860-SF on a large 1.68 acre lot.
- TRIPLE NET LEASE: 6 years remaining on a 10 year NNN lease with four, 5-year renewal options and 10% rental increases in each option.
- CORPORATE GUARANTEE: Lease is guaranteed by Dollar General, with over 20,000 locations across 48 states.
- FEE SIMPLE OWNERSHIP: Provides the buyer with the highest form of real estate ownership and absolute control over the asset.
- HIGH VISIBILITY LOCATION: Located along Springfield Xenia Road with high visibility and lighted pylon sign. Easy access from both traffic directions.
- HIGH TRAFFIC CORRIDOR: Located just off of Interstate 70 seeing 55,800 VPD, a major east-west highway connecting Dayton to Columbus & on to Pittsburgh
FOR SALE DETAILS
PRICE
$1,098,700 USD
PRICE/SF
$101 USD /SF
CAP RATE
8%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1997
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
6.12 AC
LAND SF
266,587 SF
ZONING
I1
APN/PARCEL ID
30-00600-00700-0076
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614-595-1674
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614-595-1674
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