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2015 N Cole St, Lima, OH, 45801

Dollar General
$1,252,537

Key Information

Cap Rate
7.25%
Tot. SF
9,026
Lot Size
5 Acres
Year Built
2018
Term Remaining
±7.7 YRS
Type
Retail
NOI
$90,809

Highlights

  • Investment Grade Tenant – This lease is corporately guaranteed by Dollar General Corporation (NYSE: DG), a publicly traded corporation that has an excellent credit rating of BBB from Standard & Poor’s.
  • NNN Lease – This Dollar General has a NNN lease, ensuring zero responsibilities for the landlord. Perfect for investors looking for passive ownership.
  • 2018 Build-to-Suite – The Dollar General was developed in 2018, offering investors the advantage of newer construction, limited deferred maintenance, and minimal anticipated capital expenditures in the near term.
  • Large Market Cap – With a market cap near $30 billion, Dollar General represents a compelling mid-cap retail investment, combining stable earnings power with scalability across underserved markets. The valuation positions DG for continued shareholder value creation without the volatility often seen in smaller cap peers.
  • Extensive National Footprint – Dollar General operates over ~21,000 stores across 48 states, providing unmatched reach in rural and suburban markets and a strong competitive advantage through scale and customer penetration.

Photos

Location

Agents

Broker of Record

Matt Wallace

License # REC.2022007141 (OH), BRKP.2024002419 (OH)
Matthews Real Estate Investment Services, LLC
950 Main Ave., Suite 510, Cleveland, OH 44113