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1301 N Main St Urbana, OH 43078

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For Sale
$1,994,857

9,100 SF Retail Building in Urbana, OH 43078

Property size:
9,100 SF
Lot size:
1.52 Acres
Added:
Jan 24, 2025
Days on Market:
450
Last Refresh:
Mar 16 at 9:06 am

Property Features for 1301 N Main St

General Information

Standard status
Active
Property type
Other retail properties, Individual retail properties, Restaurants, Retail properties & Spaces
Size
9,100 SF
Net Rentable
9,100 SF
Class
C
Elevators
N/A
Lot size
1.52 Acres
Net Operating Income
$132,658

Building Details

Year Built
2024
Buildings
1
Stories
1

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Listing Contact
John R Wertz

Listing agent John

Listing office

Listing date Jan 24, 2025


Overview

NNN-Leased Retail Building Investment

This is a newly constructed 9,100-square-foot freestanding Dollar General store in Urbana, Ohio, situated near downtown and major thoroughfares. The property features a new 15-year absolute NNN lease with 5% rental increases every five years, extending through the primary term and four subsequent five-year option periods. The lease is backed by the corporate guarantee of Dollar General, an investment-grade tenant. The building, constructed in 2024, is located on North Main Street, with traffic exceeding 11,500 vehicles daily. Its location is minutes from downtown Urbana, 45 miles from Columbus, and 39 miles from Dayton. Nearby national retailers include Dairy Queen, Speedway, USPS, White's Ford, Dunkin' Donuts, Kroger, and Walmart. The property is situated on a 1.52-acre lot. The net operating income is $132,658.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Dollar General Discount Store Mabry Auction Gallery Trade Show Venue

Suggested Use

Restaurant Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Urbana
County
Champaign
State
Ohio
Longitude
-83.748411
Latitude
40.126463

FAQs

What type of property is this?
Other retail property - 9,100 SF Retail Building in Urbana, OH 43078
Where is this other retail property located?
The property is located at 1301 N Main St Urbana, OH.
What is the asking price?
The asking price for this property is $1,994,857.
What are key features of this property?
This property features: Brand New 2024 Construction; New 15‑Year Absolute NNN Lease w/ Rare 5% Rent Increases; Every 5‑Years in Primary Term & Options (Zero LL Responsibilities)
More about this property
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