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240 N 2nd St, Frankfort, OH, 45628

DOLLAR GENERAL
$1,321,174

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Highlights

INVESTMENT HIGHLIGHTS

  • Absolute NNN – Zero Landlord Responsibilities
  • Dollar General is Accompanied by an Investment Grade “BBB” Credit Rating
  • Long Lease Term Remaining – ±11.9 Years Remaining on the Current Term
  • Recession Resistant Tenant – Dollar General has Been Historically Profitable During Times of Market Uncertainty – Boasting a Silver Globe Business Excellence Award for Their Response to the COVID-19 Pandemic.
  • Estimated Population of 5,827 Within a 5-Mile Radius
  • Located on N 2nd Street – Sees over 2,400 VPD
  • Corporate Guarantee
  • Average Household Income of $74,069 Within a 5-Mile Radius

Location

Agents

Broker of Record

Kyle Matthews

License # REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113

Key Information

Cap Rate
7.15%
Tot. SF
9,026
Year Built
2021
Term Remaining
±11.9 YRS
Type
Retail
NOI
$94,464