Winesburg, OH - Dollar General

Description:

• Top ranked store in Placer.ai: 92% Nationwide, 94% in Ohio, and #2 out of 16 stores in 15 miles
• Dollar General has over 11 years remaining on their current lease with 3 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 10% rental increases at the beginning of each option period, generating NOI growth and hedging against inflation
• The lease is corporate guaranteed by Dollar General, Corp., an investment grade (S&P: BBB), nationally recognized, and an established discount store with more than 20,000 locations in 47 states as of February 2024
• Tenant pays for CAM, taxes, insurance and maintains all aspects of the premises
• No landlord responsibilities
• Ideal, management free investment for a passive investor

• Located along State Highway 62, connecting commuters to Canton and Columbus, two major cities in the immediate area
• The site benefits from excellent visibility via significant street frontage and a large pylon sign
• Virtually no competition in the surrounding 5-mile trade area, creating a large consumer draw for the store
• More than 50,800 residents and 21,500 employees support the trade area, providing a direct consumer base from which to draw
• $102,422 average household income