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New Lebanon, Columbus, & Fayetteville, OH

Dollar General Portfolio
$2,379,882

Key Information

Cap Rate
8.5%
$ per SF
$881
Tot. SF
9,014
Lot Size
1.38 Acres
Year Built
2006
Term Remaining
± 5.25 Years
Type
Retail

Highlights

  • 5+ Years of Term Remaining on all primary leases, with multiple extension options
    featuring 10% rent increases.
  • Demonstrated Tenant Commitment – Options already exercised at all three locations.
  • Corporate Guarantee by Dollar General, a Fortune 500 company with an S&P BBB credit
    rating.
  • Below-Market Rents – 25–40% below systemwide averages, supporting long-term tenant
    retention.
  • 10%+ Cash-on-Cash Return Potential on an investment-grade credit portfolio (contact
    broker for details).
  • Strong Foot Traffic at all three sites, per Alphamaps data.
  • Built-to-Suit NN Leases with buildings in good condition, with tenant providing CAM
    contributions (Parking lot Maintenance) reimbursements in addition to base rent.

Photos

Location

Agents

Broker of Record

Matt Wallace

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