For Sale
$1,994,857

1301 N Main StUrbana, OH 43078

9,100 SF Retail Building in Urbana, OH 43078

Overview

Added:
Jan 24
Days on market:
71
The subject property is a newly constructed freestanding Dollar General located in Urbana (Outside Columbus), OH. The new 15-year absolute NNN lease includes rare 5% rental increases every 5-years in the primary lease term and in the (4) five-year option periods. The lease is corporately guaranteed by Dollar General (NYSE: DG), an investment grade credit tenant, rated BBB by Standard & Poor's.
This location benefits from its excellent visibility and frontage on North Main Street, a major thoroughfare through Urbana which boasts over 11,500 vehicles per day. This Dollar General is just minutes from downtown Urbana, OH, 45 miles to downtown Columbus, and 39 miles to downtown Dayton, OH.
National retailers in the immediate vicinity include Dairy Queen, Speedway Gas Station, USPS, White’s Ford Dealership, Dunkin’ Donuts, Kroger, Walmart, and many more. This is an excellent opportunity for an investor to purchase a stable, long term corporately guaranteed investment with zero landlord responsibility.

Highlights

  • Brand New 2024 Construction New 15-Year Absolute NNN Lease w/ Rare 5% Rent Increases Every 5-Years in Primary Term & Options (Zero LL Responsibilities) Dollar General (NYSE: DG) Corporate Guarantee (Investment Grade Credit – S&P Rated BBB) Excellent Visibility & Access on North Main Street Traffic Counts Exceed 11,500 Vehicles Per Day Minutes from Downtown Urbana, 45 Miles to Downtown Columbus, and 39 Miles to Downtown Dayton, OH

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

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1301 N Main St
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