3822 Springfield Xenia Road Springfield, OH 45506
SINGLE_FAMILY - Springfield, OH
Property Features for 3822 Springfield Xenia Road
General Information
- Property type
- Residential
- Property subtype
- Retail
- Standard status
- Active
- APN
- 3000600007000076
- Size
- 10,860 SF
- Lot size
- 6.12 Acres
Utilities
- Utilities
- Water Available
- Sewer type
- Private Sewer
- Heating system
- Forced Air
- Water source
- Well
Building Details
- Year built
- 1997
Listing agent Martha D Hunley License #450518 (614) 314-5555
Listing office Keller Williams Greater Cols 1 Easton Oval, Ste. 100, Columbus, OH (614) 944-5900
Listing date Feb 12, 2026
Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located at 3822 Springfield Xenia Road, Springfield, OH 45506, in Clark County. Landlord responsibilities are limited to the exterior and parking lot.
From a lease standpoint, this is an income-focused offering with built-in rent growth through the renewal options, designed for investors seeking predictable cash flow tied to a proven retailer.
Key Highlights
- 10,860 sq ft Dollar General on 6.12 acres of commercial land
- National credit tenant on a NNN lease paying $87,889.08 annually
- 7.45% cap rate reported with 6 years remaining on the initial lease term
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $63.0k | $5.80 |
| − Vacancy | −$2.3k | −$0.21 |
| EGI | $60.7k | $5.59 |
| − OpEx | −$18.2k | −$1.68 |
| NOI | $42.5k | $3.91 |
