Brand New Dollar General Plus | Rent Bumps
$2,071,398
3111 South Bantam Road, Bethel, OH 45106
6.65
Cap Rate
137,748
NOI
Details:
Highlights:
- Brand New 15 Year Absolute NNN Lease
- Zero Landlord Responsibilities
- Cincinnati Market Area
- Hard Corner Site | Seeing 14,266 Cars Per Day
- Off Main Thoroughfare | Surrounded by Residential Homes
- 2026 BTS Plus Size Construction | Opening Soon!
- 5% Rental Rate Increases Every 5 Years!
- 5 (5 Year) Options | 5% Increases At Each Option
- 2 Mile Household Income $89,674
- 5 Mile Population 28,681 | Expected 3.03% Growth
- Investment Grade Dollar Store With "BBB" Credit Rating
- Dollar General Corporate Guaranty
Description:
Fortis Net Lease is pleased to present this 2026 BTS 10,640 SF. Dollar General PLUS store located in Bethel, Ohio - part of the Cincinnati Market area. The property is secured with a 15 year Absolute NNN Lease leaving zero landlord responsibilities. The lease contains 5% rental rate increases every 5 years including at each of the 5 (5 year) options to renew. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The store is currently under construction with store opening & rent start on track for early September 2026.
This Dollar General is highly visible as it is strategically positioned off the hard corner of S Bantam Road & State Route 125 seeing 14,266 cars per day. It is situated off a main thoroughfare and surrounded by residential homes. The 5 mile population from the site is 28,681 (with expected steady growth) and the 2 mile average household income is $89,674 per year, making this location ideal for a Dollar General. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store. List price reflects a 6.65% cap rate based on NOI of $137,748.
Documents:
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| Offering Memorandum |
Location
Gallery