For Sale
$2,046,000
980 Kilbourne St Bellevue, OH 44811
Fee simple, 15-year NNN lease, 6.65% cap rate.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Investment-grade Dollar General property with a strong corporate guarantor ($38B annual revenue).
- New 15-year NNN lease with built-in rent increases starting year six.
- Located in a thriving residential area with over 8,000 residents in Bellevue, OH.
- Brand new, prototypical 10,640 square foot Dollar General building on a 2.33-acre lot.
- 100% NNN lease; no landlord responsibilities.
- Depreciable asset offering significant tax advantages.
Property Details for 980 Kilbourne St
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 10,640 SF
- Year Built
- 2024
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 101,495 SF
- Units
- 1
Location Insight
- City
- Bellevue
- County
- Sandusky
- State
- Ohio
- Latitude
- 41.2623607
- Longitude
- -82.8622658
Nearby Similar for Sale
FAQs
- What type of property is this?
- Lifestyle center - Fee simple, 15-year NNN lease, 6.65% cap rate.
- Where is the lifestyle center located?
- The property is located at 980 Kilbourne St Bellevue, OH.
- What is the asking price?
- The asking price for this property is $2,046,000.
- What are key features of this property?
- This property features: Investment-grade Dollar General property with a strong corporate guarantor ($38B annual revenue).; New 15-year NNN lease with built-in rent increases starting year six.; Located in a thriving residential area with over 8,000 residents in Bellevue, OH.
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