For Sale
$1,903,104

101 Main StWilkesville, OH 45695

Ohio Retail Property - NNN Lease

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional investment opportunity presents a brand-new, 10,542 square foot Dollar General store in Wilkesville, Ohio. Built in 2024 to the tenant's current specifications, this single-story building sits on a one-acre lot with ample 30-space parking. The property boasts a 15-year absolute NNN lease with a strong corporate guarantee from Dollar General Corporation (a Fortune 500 company with a BBB S&P rating and a $17 billion market cap). The lease includes a 5% rent increase every five years, providing consistent growth potential throughout the primary term and five, five-year options. The property's Net Operating Income (NOI) is $136,072, yielding a 7.15% cap rate. Located at 101 Main St, Wilkesville, OH 45695, this fee-simple property offers a secure, passive income stream for investors seeking a low-maintenance, high-return investment. The property is zoned commercial and is ideally suited for long-term, worry-free ownership. This is a rare opportunity to acquire a newly constructed, high-performing retail property backed by a financially stable, nationally recognized tenant. The building's size reflects higher sales and operating margins, further enhancing the investment's appeal.

Highlights

  • New 15-year absolute NNN lease with 5% rent increases every 5 years, plus five 5-year options.
  • Brand new, 10,542 SF Dollar General built-to-suit, delivering December 2024.
  • Building constructed to current Dollar General specifications.
  • Absolute NNN lease; zero landlord responsibilities.
  • Strong corporate guarantee from Dollar General Corporation (Fortune 500 company, S&P BBB rating, $17B market cap).

Property Details for 101 Main St

Property type
Retail properties, Retail space
Square Feet
10,542 SF
Year Built
2024
Buildings
1
Stories
1
Lot Size (sq. ft)
43,604 SF

Location Insight

City
Wilkesville
County
Vinton
State
Ohio
Latitude
39.0764603
Longitude
-82.3284712
101 Main St, Wilkesville, Ohio

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101 Main St
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