635 Old State Route 74 - Retail FOR SALE


Cincinnati, OH 45244
$2,255,813 USD
734-755-6359
635 Old State Route 74, Cincinnati, OH for Sale
$2,255,813 USD
Retail - FOR SALE
1/4
null | 6.4% Cap Rate

635 Old State Route 74
Cincinnati, OH 45244


HIGHLIGHTS

  • 2025 BTS Plus Size Construction | Near Signalized Intersection
  • 5% Rental Rate Increases Every 5 Years!
  • 5 Mile Population 111,716 & Growing
  • 11,470 Cars Per Day on Old State Rte 74
  • Easy Access to State Rte 32 (22,576 ADTC) & I-275 (63,991 ADTC)
  • 5 Mile Consumer Spending is $1.5 Billion!

OVERVIEW

Fortis Net Lease is pleased to present this 2025 BTS 10,640 SF. Dollar General Plus store located in Cincinnati, 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 5 (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 February 2026. This Dollar General is highly visible as it is strategically positioned on Old State Rte 74 seeing 11,740 cars per day. The store is easily accessible from both State Rte 32 (seeing 22,576 cars per day) & I-275 (seeing 63,991 cars per day). The 5 mile population from the site is 111,716 and the 1 mile average household income is $66,694 per year, making this location ideal for a Dollar General. This area is also seeing steady population growth. 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 6.40% cap rate based on NOI of $144,372.

FOR SALE DETAILS

PRICE

$2,255,813 USD

PRICE/SF

$212 USD /SF

CAP RATE

6.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General | Brand New | Cincinnati OH

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,272 SF

ZONING

Commercial

APN/PARCEL ID

41-32-13D-011

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 Notice.