101 Main StWilkesville, OH 45695
- Turn key restaurants
- 0.50 AC
Property Details for 101 Main St
- Year built
- 1974
- Lot size
- 0.50 AC
- Property type
- Turn key restaurants
- APN
- 18-00137.000
- APU
- 1800137000
Description
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.
Location Insight
- City
- Wilkesville
- County
- Vinton
- State
- Ohio
- Latitude
- 39.0765
- Longitude
- -82.3285
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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