NNN Retail
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For Sale
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1016 E State Street, Athens, OH 45701
Established discount-store tenancy with corporate lease support and two extension options.
Property SizeContact for details
Days on Market5
Property Features for 1016 E State Street
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
SRS Real Estate Partners - Global Company
Listed By:
Jeff Gates · License #CA 01768554
(415) 602-6339
Source:
Crexi
Added: Sep 15
Changed: Sep 19
Last Checked: Sep 19 at 9:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners - Global Company
Investment Insights
Based on property information with market context.
This NNN retail property at 1016 E State St in Athens, Ohio, was built in 1991 and has been operated by Dollar General for 24 years. The current lease has less than one year remaining and includes two 5-year extension options, providing a defined path for continued occupancy subject to exercise.
The lease carries a corporate guarantee from Dollar General Corp., identified as an investment-grade company with an S&P rating of BBB. Dollar General is a nationally recognized discount-store operator with 21,055 locations as of May 2026. The property combines an established retail tenancy, corporate credit support, and documented extension rights in an NNN structure.
The lease carries a corporate guarantee from Dollar General Corp., identified as an investment-grade company with an S&P rating of BBB. Dollar General is a nationally recognized discount-store operator with 21,055 locations as of May 2026. The property combines an established retail tenancy, corporate credit support, and documented extension rights in an NNN structure.
Key Highlights
- Dollar General has operated at the property for 24 years
- Current lease has less than a year remaining
- Two 5‑year lease extension options
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
149
Businesses Nearby
143k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Home Improvements & Furnishings 27%
Apparel 15%
Shops & Services 9%
Texas Roadhouse
Dining
28,190 visits/mo
0.2 miles
Lowe's
Home Improvements & Furnishings
22,354 visits/mo
0.4 miles
Taco Bell
Dining
20,120 visits/mo
0.4 miles
Tractor Supply Co.
Home Improvements & Furnishings
15,395 visits/mo
0.3 miles
Dunham's Sports
Apparel
14,393 visits/mo
0.2 miles
Demographics for 45701, OH
33,705
Population
13,230
Households
2.5
Avg Household Size
27
Median Age
57%
College-Educated
95%
High-School Grad
148.6 sq mi
ZIP Area
227
Density / Sq Mi
$49,604
Median Household Income
$13,495
Median Earnings
$1,018
Median Rent
$217,700
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
NNN property - Established discount-store tenancy with corporate lease support and two extension options.
Where is this nnn property located?
The property is located at 1016 E State Street Athens, OH.
What is the asking price?
The asking price for this property is $605,625.
What are key features of this property?
This property features: Dollar General has operated at the property for 24 years; Current lease has less than a year remaining; Two 5‑year lease extension options
