Brand New Dollar General Plus | Rent Bumps!

Highlights:

• Brand New 15 Year Absolute NNN Lease
• Zero Landlord Responsibilities
• 2025 BTS Plus Size Construction | Near Signalized Intersection
• 5% Rental Rate Increases Every 5 Years!
• 5 (5 Year) Options | 5% Increases At Each Option
• One Mile Household Income $66,694
• 5 Mile Population 111,716 & Growing
• 11,470 Cars Per Day on Old State Rte 74
• Easy Access to State Rte 32 (22,576 ADTC) & I-275 (63,991 ADTC)
• Investment Grade Dollar Store With "BBB" Credit Rating
• Dollar General Corporate Guaranty
• 5 Mile Consumer Spending is $1.5 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 will start construction soon with opening & rent start on track for February 2026.

This Dollar General is highly visible as it is strategically positioned on Old State Rte 74 seeing 11,740 cars per day. The store is easily accessible from both State Rte 32 (seeing 22,576 cars per day) & I-275 (seeing 63,991 cars per day). The 5 mile population from the site is 111,716 and the 1 mile average household income is $66,694 per year, making this location ideal for a Dollar General. This area is also seeing steady population growth. 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 6.40% cap rate based on NOI of $144,372.

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