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    305 S Main St Pleasant Hill, OH 45359

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    For Sale
    $983,602

    NNN leased Dollar General with over 4 years remaining.

    Property size:
    9,026 SF
    Lot size:
    1.83 Acres

    Property Features for 305 S Main St

    General Information

    Size
    9,026 SF
    Lot size
    1.83 Acres

    Source: Matthews Real Estate Investment Services Agent Joe Nelson

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

    Overview

    Pleasant Hill Retail Investment Opportunity

    This property is subject to an absolute NNN lease, transferring all landlord responsibilities to the tenant. The lease has 4+ years remaining, along with three, 5-year option periods. Rent increases of 10% are scheduled for each option period. The surrounding area has an average household income of $100,534 within a 5-mile radius. Approximately 93,622 people reside within a 10-mile radius of the property. The location is roughly a 30-minute drive from downtown Dayton, OH, and about a 24-minute drive from Dayton International Airport. The immediate area has limited competition, with no other grocery stores and only one convenience store in Pleasant Hill, OH. The tenant, Dollar General, holds an investment-grade credit rating of BBB (S&P). Dollar General operates approximately 19,500 locations and intends to continue expanding. The tenant has been considered an essential retailer and has demonstrated profitability throughout the COVID-19 pandemic, with a market capitalization of approximately $30 billion. The property size is 9,026 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Realty agency Spa & Massage Auto Repair Shop Hair Salon Nail Salon Pharmacy Auto Parts Store Hotel & Motel Kitchen & Bath Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Pleasant Hill
    County
    Miami
    State
    Ohio
    Longitude
    -84.3438303
    Latitude
    40.0479067

    Nearby Similar for Sale

    • $1,213,109
      9,026 SF

      Dollar General Net Lease Investment

      Ohio Retail Property - Strong Returns
      305 Main St, Pleasant Hill, OH 45359
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - NNN leased Dollar General with over 4 years remaining.
    Where is this grocery and convenience store located?
    The property is located at 305 S Main St Pleasant Hill, OH.
    What is the asking price?
    The asking price for this property is $983,602.
    What are key features of this property?
    This property features: - Absolute NNN Lease – No Landlord Responsibilities; - Investment grade credit rating of BBB (S&P); - 4+ Years Remaining and Three, 5-Year Option Periods with 10% Rent Increases in Each Option Period
    (818) 497-8411
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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
    305 S Main St Pleasant Hill, OH 45359
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