6384 OH-772 - Freestanding FOR SALE


Chillicothe, OH 45601
$2,250,000 USD
678-808-2762
6384 OH-772, Chillicothe, OH for Sale
$2,250,000 USD
Freestanding - FOR SALE
1/3
null | 6.75% Cap Rate

6384 OH-772
Chillicothe, OH 45601


OVERVIEW

2025 NEW CONSTRUCTION DOLLAR GENERAL MARKET • 10,640 SF upgraded construction Dollar General Market located in Chillicothe, OH. • DG Market is a combo store with fresh produce, milk, meats, and other groceries added to Dollar General’s usual mix of low-price general merchandise. • This Dollar General is currently under construction and rent is scheduled to commence in July 2025. 15 YEAR CORPORATE NNN LEASE WITH INCREASES IN INITIAL TERM • This property features a 15-year corporate guaranteed NNN lease with Dollar General with 5% rent increases every 5 years. • Tenant is 100% responsible for all expenses, including parking lot, taxes, insurance, roof, and structure. • There are 5% rent increases in each of the five, 5-year option periods. INVESTMENT GRADE TENANT (S&P: BBB) WITH 21,000 LOCATIONS • Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB. • Currently over 21,000 locations and plans to open 750 stores in 2025. • Dollar General has been in business for 80 years and has a current net worth of over $18.16B NEAR COLUMBUS, OH | LARGEST CITY IN OHIO • Columbus is the state capital and the most populous city in the state of Ohio with a metropolitan area of over 2 million. • The city has a diverse economy based on education, government, insurance, banking, defense, aviation, food, clothes, logistics, steel, energy, medical research, health care, hospitality, retail, and technology. • As of 2025, the Greater Columbus area is home to the headquarters of six corporations in the U.S. Fortune 500: Cardinal Health, American Electric Power, Bath & Body Works, Nationwide, Bread Financial, and Huntington Bancshares. • Columbus is the home of two public colleges: Ohio State University (53,189 Students), one of the largest college campuses in the United States, and Columbus State Community College (27,109 Students). • Home to John Columbus International Airport that supports nearly 6 million passengers per year. • According to the Federal Reserve Bank of St Louis, the GDP of Columbus in 2023 was $148 billion. CHILLICOTHE, OHIO | HOME TO ADENA HEALTH SYSTEMS (2,700 EMPLOYEES) • Chillicothe is the principal city of the Chillicothe Micropolitan Statistical Area, located approximately 45 miles south of Columbus, OH. • Chillicothe is home to the Veterans Affairs Medical Center, a major federal healthcare facility that provides services to veterans and contributes significantly to the local economy with over 1,500 employees. • The Chillicothe City School District serves approximately 3,900 students. • Adena Health System is the largest employer in Chillicothe, offering comprehensive healthcare services across the region with more than 2,700 employees. • Kenworth Truck Company operates one of its largest manufacturing plants in Chillicothe, producing Class 8 trucks and employing approximately 2,500 workers.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$211 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General Market | Near Columbus, OH

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

1.41 AC

LAND SF

61,551 SF

ZONING

-

APN/PARCEL ID

17-14-12-264.000,17-14-12-265.000

ASK ABOUT THIS PROPERTY

Don McMinnMarcus & MillichapMore Info
678-808-2762

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

Don McMinnMarcus & MillichapMore Info
678-808-2762

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