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1301 N Main St Urbana, OH 43078

Sponsored
For Sale
$1,994,857

9,100 SF NNN-Leased Retail Building

Property size:
9,100 SF

Description

Added:
Jan 24, 2025
Days on Market:
347
This exceptional investment opportunity presents a newly constructed, 9,100-square-foot freestanding Dollar General store situated in Urbana, Ohio, conveniently located near downtown and major thoroughfares. The property boasts a brand-new 15-year absolute NNN lease with a rare provision for 5% rental increases every five years, extending through the primary term and four subsequent five-year option periods. This translates to minimal landlord responsibilities and a predictable, stable income stream. The lease is backed by the corporate guarantee of Dollar General (NYSE: DG), a highly rated investment-grade tenant (S&P rated BBB). The building enjoys excellent visibility and accessibility on North Main Street, a major artery with traffic exceeding 11,500 vehicles daily. Its strategic location places it minutes from downtown Urbana, 45 miles from Columbus, and 39 miles from Dayton, ensuring strong customer traffic. Nearby national retailers include Dairy Queen, Speedway, USPS, White's Ford, Dunkin' Donuts, Kroger, and Walmart, further enhancing the property's desirability and potential for long-term value appreciation. This is a rare chance to acquire a secure, low-maintenance investment with significant upside potential. The 1.52-acre lot provides ample space and the building's 2024 construction ensures modern amenities and efficiency. The net operating income is $132,658. The asking price is $1,994,857.

Property Features for 1301 N Main St

General Information

Property type
Other retail properties
Square Feet
9,100 SF
Price / Square Foot
$219
Class
C
Elevators
N/A
Net Rentable
9,100 SF
Lot Size
66,211 SF
Net Operating Income
$132,658

Building Details

Year Built
2024
Buildings
1
Stories
1

HighLights

  • New 2024 construction, 9,100 sq ft Dollar General building.
  • 15‑year NNN lease with 5% rent increases every 5 years.
  • Excellent location on North Main Street, high traffic counts, near major retailers.
Location Intelligence

Current Use by Public Records

Dollar General Dollar Store Mabry Auction Gallery Auction House

Suggested Use

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

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

Location Insight

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

FAQs

What type of property is this?
Other retail property - 9,100 SF NNN-Leased Retail Building
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: New 2024 construction, 9,100 sq ft Dollar General building.; 15-year NNN lease with 5% rent increases every 5 years.; Excellent location on North Main Street, high traffic counts, near major retailers.
More about this property
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