Dollar General

Description:

We are pleased to present this newer location store, 10,566 SF corporate guaranteed Dollar General PLUS prototype store located in West Salem, OH. This store replaced an existing strong performing Dollar General store that has estimated annual sales in excess of $3 million. The property offers an Absolute NNN Lease, leaving zero landlord responsibilities. The lease contains four 5-year options to renew, each with a 10% rental rate increase. The lease has about 8.5 years left and 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 and successfully opened for business in October 2017.


This Dollar General is highly visible and is strategically positioned off West Buckeye Street, which sees 3,217 cars per day. The five-mile population from the site is 5,488 and the household income is $85,000 per year, making this location ideal for a Dollar General. Listed in conjunction with OH Broker of Record Bang Realty.



Newer Relocation Store | The New Dollar General “PLUS” Prototype Building
Booming Sales | Larger 10,566 Square-Foot Store Replacing an Existing Location with Estimated Sales in Excess of $3 Million
Absolute NNN Lease | Zero Landlord Responsibilities with about 8.5 years left
West Salem Market Area | Central Town Location Surrounded by Residential Neighborhoods and Businesses
Investment Grade Credit Rated Tenant | “BBB” on S&P | Sales $22 Billion (NYSE: DG)
Limited Competition | Only Investment Grade Dollar Store Located in Town
West Salem is Home to Dragway 42, a Multi-Purpose facility for Drag Racing, Autocross Racing, Tractor & Truck Pulling and Concerts/Music Festivals

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