This 10,860 sq ft Dollar General sits on 6.12 acres of commercial land and delivers a strong 7.45% cap rate with 6 years remaining on the initial lease term. National credit tenant, pays $87,889.08 annually on a NNN lease, with four renewal options featuring 10% rent increases???providing built-in income growth and long-term stability. Backed by a proven retailer, predictable cash flow, and valuable excess land, this is a clean, reliable investment that performs well on paper and even better in practice.
Listed By
Agency Name: Keller Williams Greater Cols
Agency Phone: 614-944-5900
Agent Name: Martha D Hunley
Shown By
Agent Name: Angela Swanson
Agent Phone: (734) 674-3359
Agency Title: Key Realty
3822 Springfield Xenia Road | MLS# 226004086
This commercial property located at 3822 Springfield Xenia Road, Springfield, OH 45506 is currently listed for sale with an asking price of $1,179,000. Search Springfield real estate on angelaswanson.ikeyrealty.com today.