723 S Main St - Retail FOR SALE
Columbus Grove, OH 45830 |
$1,311,111 USD
305-395-6972
723 S Main St
Columbus Grove, OH 45830
HIGHLIGHTS
- Investment-Grade Tenancy – The lease features a direct corporate guaranty from Dollar General Corporation, delivering elite credit stability
- Absolute NNN Lease Structure – Operating under an Absolute NNN lease structure, the tenant handles all real estate taxes, property insurance
- Established Build-to-Suit Asset – Developed as a corporate build-to-suit in 2016, the ±9,230 SF building sits on ±1.17 acres of land
- Compounding Yield Upside – The contract includes four (4) automatic 5-year renewal options. Each successive option triggers a 10% rent hike
- Affluent Submarket & High Consumer Spending – The property capitalizes on a high-earning small-town demographic
FOR SALE DETAILS
PRICE
$1,311,111 USD
PRICE/SF
$201 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
2016
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
47-190000-0000
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305-395-6972
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305-395-6972
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