981 State Route 7 N - Freestanding FOR SALE


Pierpont, OH 44082
$1,326,514 USD
619-507-1275
981 State Route 7 N, Pierpont, OH for Sale
$1,326,514 USD
Freestanding - FOR SALE
1/5
null | 7% Cap Rate

981 State Route 7 N
Pierpont, OH 44082


HIGHLIGHTS

  • CORPORATE GUARANTEED TRIPLE-NET LEASED DOLLAR GENERAL WITH 10-YEARS REMAINING

OVERVIEW

Long-Term Passive Income: 10-years remaining on NNN lease with Dollar General through January 2035—offering a passive 7.00% cap rate with zero landlord responsibilities. Corporate Guarantee by Investment-Grade Tenant: Leased to Dollar General Corporation (NYSE: DG), the largest small-box discount retailer in the U.S. with over 20,000 locations and $40.6 billion in 2024 revenue. Strong Rent Growth Built In: Features three successive 10% rental increases during option periods—offering built-in income growth through 2050. Recent Construction with Minimal Maintenance: Built in 2020, the building is in excellent condition and aligned with Dollar General’s current store prototype, reducing near-term capital expenditure risk. Rural Market Stability: Strategically located in an underserved, low-competition market where Dollar General stores thrive by capturing consistent necessity-based spending.

FOR SALE DETAILS

PRICE

$1,326,514 USD

PRICE/SF

$146 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

C

APN/PARCEL ID

400330001000

ASK ABOUT THIS PROPERTY

Adam AttiaMarcus & MillichapMore Info
619-507-1275

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Adam AttiaMarcus & MillichapMore Info
619-507-1275

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