101 Main StWilkesville, OH 45695

  • Turn key restaurants
  • 0.50 AC
For Sale
$1,903,104 View listing

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$464
$7,750
$14,250
$22,000
-
$22,140
$40,720
$62,860

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