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    1950 E Main St Lancaster, OH 43130

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    For Sale
    $1,274,515

    NNN Dollar General in Columbus, OH MSA with zero responsibilities.

    Property size:
    10,640 SF
    Lot size:
    2.12 Acres

    Property Features for 1950 E Main St

    General Information

    Size
    10,640 SF
    Lot size
    2.12 Acres

    Source: Matthews Real Estate Investment Services | Phoenix Agent Wyatt Wagner

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Dollar General NNN Investment Opportunity

    This property features a 10,640 square foot building constructed in 2015 as a build-to-suit for Dollar General. The property is located within the Columbus, OH MSA. The lease is an absolute NNN lease, offering zero landlord responsibilities, and is corporately guaranteed by Dollar General Corporation. The surrounding area has a five-mile population exceeding 52,699 residents and a strong average household income of $76,257 annually. Nearby national tenants include Tractor Supply, Kroger, Dairy Queen, Tim Hortons, and Chipotle.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Western Union Money Transfer Service Dollar General Dollar Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Fairfield
    State
    Ohio
    Longitude
    -82.5562996
    Latitude
    39.7152607

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    FAQs

    What type of property is this?
    Grocery and convenience store - NNN Dollar General in Columbus, OH MSA with zero responsibilities.
    Where is this grocery and convenience store located?
    The property is located at 1950 E Main St Lancaster, OH.
    What is the asking price?
    The asking price for this property is $1,274,515.
    What are key features of this property?
    This property features: - Corporately guaranteed lease from Dollar General Corporation; - Absolute NNN Lease – Zero landlord responsibilities; - Strong average household income of $76,257 annually
    (310) 750-7845
    Request Owner's contact information
    1950 E Main St Lancaster, OH 43130
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    Lancaster, OH 43130
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1950 E Main St Lancaster, OH 43130
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