For Sale
$1,994,857

1301 N Main St Urbana, OH 43078

9,100 SF NNN-Leased Retail Building

Overview

Added:
Jan 24
Days on market:
93
This exceptional investment opportunity presents a newly constructed, 9,100-square-foot freestanding Dollar General store situated in Urbana, Ohio, conveniently located near downtown and major thoroughfares. The property boasts a brand-new 15-year absolute NNN lease with a rare provision for 5% rental increases every five years, extending through the primary term and four subsequent five-year option periods. This translates to minimal landlord responsibilities and a predictable, stable income stream. The lease is backed by the corporate guarantee of Dollar General (NYSE: DG), a highly rated investment-grade tenant (S&P rated BBB). The building enjoys excellent visibility and accessibility on North Main Street, a major artery with traffic exceeding 11,500 vehicles daily. Its strategic location places it minutes from downtown Urbana, 45 miles from Columbus, and 39 miles from Dayton, ensuring strong customer traffic. Nearby national retailers include Dairy Queen, Speedway, USPS, White's Ford, Dunkin' Donuts, Kroger, and Walmart, further enhancing the property's desirability and potential for long-term value appreciation. This is a rare chance to acquire a secure, low-maintenance investment with significant upside potential. The 1.52-acre lot provides ample space and the building's 2024 construction ensures modern amenities and efficiency. The net operating income is $132,658. The asking price is $1,994,857.

Highlights

  • New 2024 construction, 9,100 sq ft Dollar General building.
  • 15-year NNN lease with 5% rent increases every 5 years.
  • Excellent location on North Main Street, high traffic counts, near major retailers.

Property Details for 1301 N Main St

Property type
Retail properties
Square Feet
9,100 SF
Price / Square Foot
$219.22
Class
C
Year Built
2024
Buildings
1
Stories
1
Elevators
N/A
Net Rentable (sq. ft)
9,100 SF
Lot Size (sq. ft)
66,211 SF
Net Operating Income
$132,658

Location Insight

City
Urbana
County
State
Ohio

FAQs

What type of property is this?
Retail property - 9,100 SF NNN-Leased Retail Building
Where is the retail property located?
The property is located at 1301 N Main St Urbana, OH.
What is the asking price?
The asking price for this property is $1,994,857.
What are key features of this property?
This property features: New 2024 construction, 9,100 sq ft Dollar General building.; 15-year NNN lease with 5% rent increases every 5 years.; Excellent location on North Main Street, high traffic counts, near major retailers.
How can I contact the broker?
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1301 N Main St
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