Dollar General | Double Net (NN) Lease Investment
$475,000
759 South Washington Street, Millersburg, OH 44654
For Sale
Retail
Free Standing
Active
Last Updated: 09/03/2021
7.58
Cap Rate
36,000
NOI
Details:
Cap Rate: 7.58%
NOI: $36,000
Building Size: 7,172 sqft
Lot Area: 0.78 acres
Lease Type: Double Net
Year Built: 1992
Price Per Sqft: $66.23
Highlights:
- Corporate Guarantee From Dollar General (NYSE:DG) :BBB Credit Rating
- 2 x 3 Year Renewals Remaining on Current Lease
- Minimal Landlord Responsibilities
- As of February 1, 2021, Dollar General Operates Over 17,147 Stores in 46 States With Plans to Execute 2,600 New Real Estate Projects
- Dollar General Has Been Operating on This Site Since1992– Showing Commitment to Location
- Located Along Highway 62 Which Sees 11,956 VPD
- A Positive Population Growth is Predicted For the Surrounding 3-Mile Radius By 2025
- Highly Visible and Accessible - Large Signage and Ingress/Egress
- Just 4 Minutes to Pomerene Hospital - One Of the Largest Employers in Holmes County With More Than 325 Employees and 80 Physicians Including 55 Licensed Beds
- Historic Downtown Millersburg Resides in the Heart of Amish Country and Serves as the County Seat of Holmes County Which Contains the Largest Amish Concentration in the World
- Over 32,489 People Live Within a 10-Mile Radius Making an Average Household of $76,870
- Nearby Tenants Include: Napa Auto Parts, AutoZone, Holiday Inn Express, Comfort Inn, Goodwill , Dairy Queen, McDonald’s, Tractor Supply Co. , Taco Bell, Pizza Hut, Walmart Supercenter and More
Description:
Sands Investment Group is Pleased To Exclusively Offer For Sale the 7,172 SF Dollar General Located Directly on S Washington Street in Millersburg, OH. This Opportunity Includes a Corporate Guarantee From Dollar General (NYSE:DG): BBB Credit Rating With Approximately 2 Years Remaining on Its Lease. Dollar General Has Been in Place Since 1992 Showing Commitment at This Location and Has Two 3 Year Option Terms That Extend Past Its Original Lease Term.
Documents:
Title | ||
---|---|---|
Offering Memorandum
|
* Documents permissions are set by the listing owner, request information to access locked documents.
Location

Gallery








