Brand New Dollar General Plus with Rent Bumps!

Highlights:

• Brand New 15 Year Absolute NNN Lease
• Zero Landlord Responsibilities | NOW OPEN!
• 2025 BTS Plus Size Construction | Corner Site
• 5% Rental Rate Increases Every 5 Years!
• 5 (5 Year) Options | 5% Increases At Each Option
• One Mile Household Income $61,942
• 5 Mile Population 180,760
• 14,435 Cars Per Day on Hamilton Avenue (Hwy 127)
• Easy Access to I-275 (84,814 ADTC)
• Investment Grade Dollar Store With "BBB" Credit Rating
• Dollar General Corporate Guaranty
• 5 Mile Consumer Spending is $2.1 Billion!!

Description:

Fortis Net Lease is pleased to present this 2025 BTS 10,640 SF. Dollar General Plus store located in Cincinnati, Ohio. 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 has completed construction & successfully opened for business in August 2025.

This Dollar General is highly visible as it is strategically positioned on the corner of Lincoln Avenue & Hamilton Avenue seeing 14,435 cars per day. The store is conveniently located off an I-275 exit (seeing 84,814 VPD). The 5 mile population from the site is 180,760 and the 1 mile average household income is $61,942 per year, making this location ideal for a Dollar General. The 5 mile consumer spending is $2.1 Billion! 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 6.60% cap rate based on NOI of $39,812.

Documents: