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    549 E Main St New Lebanon, OH 45345

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    For Sale
    $1,744,439

    New Dollar General PLUS prototype in New Lebanon, Ohio.

    Property size:
    10,566 SF
    Lot size:
    1.48 Acres

    Property Features for 549 E Main St

    General Information

    Size
    10,566 SF
    Lot size
    1.48 Acres

    Source: Matthews Real Estate Investment Services | Dallas Agent Josh Bishop

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

    Overview

    New Dollar General PLUS Prototype

    This property features a Dollar General PLUS prototype, constructed as a build-to-suit in 2023. The building spans 10,566 square feet. It is located in New Lebanon, Ohio, approximately 10 miles west of Dayton, within a 10-mile radius of 212,623 residents. The property is subject to a 15-year absolute NNN lease, which commenced in December 2023. The lease includes 5% rental increases every five years for the life of the lease, and stipulates zero landlord management responsibilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dollar general Grocery Store

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    New Lebanon
    County
    Montgomery
    State
    Ohio
    Longitude
    -84.3961615
    Latitude
    39.7459416

    Nearby Similar for Sale

    • $900,000
      17,000 SF

      Versatile Commercial Building in New Lebanon

      Adaptable 17,000 SF building suitable for office, medical, or school.
      101 S Clayton Rd, New Lebanon, OH 45345
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - New Dollar General PLUS prototype in New Lebanon, Ohio.
    Where is this grocery and convenience store located?
    The property is located at 549 E Main St New Lebanon, OH.
    What is the asking price?
    The asking price for this property is $1,744,439.
    What are key features of this property?
    This property features: - 15-year absolute NNN lease (commencement of December 2023); - **2023 build-to-suit construction for Dollar General**; - **Larger Dollar General PLUS prototype (10,566 SF building)**
    (315) 730-6228
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    New Lebanon, OH 45345
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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
    549 E Main St New Lebanon, OH 45345
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