7050 OH-235 - Retail FOR SALE
Alger, OH 45812 |
$1,925,214 USD
732-832-5414
7050 OH-235
Alger, OH 45812
HIGHLIGHTS
- List price of $1,925,214 yielding an attractive 6.75% cap rate
- Brand new 15-year lease with 5.00% rental increases every 5 years and Five, 5-Year Options
- 2026 built-to-suit construction for Dollar General with estimated delivery June 2026
- Absolute NNN Lease with zero landlord responsibilities, ideal for investors seeking a passive stream of cash flow
- ±10,640 square foot building is developed to the tenant's current specifications, offering ample space for consumable products
- Strong Corporate Guaranty: From Dollar General Corporation, a Fortune 500 company, boasting a BBB credit rating (S&P) and a $28 billion market cap
FOR SALE DETAILS
PRICE
$1,925,214 USD
PRICE/SF
$181 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2026
SPRINKLERS
-
PARKING SPACES
10
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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732-832-5414
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732-832-5414
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