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Athens, OH (E State St) - Dollar General

$605,625

1016 E State St, Athens, OH 45701

Active
Last Updated: 09/17/2026

8

Cap Rate

48,450

NOI

Details:
Cap Rate:    8%
NOI:    $48,450
Building Size:    8,000 sqft
Lot Area:    0.72 acres
Occupancy:    100%
Year Built:    1991
Floors:    1
Description:

• Dollar General has operated at this location for 24 years and has less than a year remaining on their current lease with 2 (5-year) options to extend
• The lease is corporate guaranteed by Dollar General, Corp., an investment grade (S&P: BBB), nationally recognized, and an established discount store with 21,055 location as of May 2026

• Dollar General is strategically along E State Rd which averages 8,600 vehicles passing by daily
• The site benefits from nearby access to US-50, a major thoroughfare that averages 23,700 VPD
• The asset is located in a dense retail corridor, with numerous nearby national/credit tenants including Walmart Super-center, Kroger, Chipotle, Starbucks, Marshall’s, Lowe’s, McDonald’s and many more
• Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site

Map:
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