Dollar General NNN
For Sale
Contact for pricing
Pending
1134 North Detroit Street, West Liberty, OH 43357
NNN-leased Dollar General storefront with approximately 13.5 years remaining and renewal options featuring 10% increases.
Property SizeContact for details
Days on Market129
Property Features for 1134 North Detroit Street
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Cap Rate
6.75%
Listing Agency:
Upland Real Estate Group Inc
(612) 376-4475
Listed By:
Deborah Vannelli · License #MN 20103724
Source:
Crexi
Added: Apr 10
Changed: Aug 14
Last Checked: Aug 16 at 6:08AM
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 Upland Real Estate Group Inc
Investment Insights
Based on property information with market context.
This offering includes available Dollar General storefront property in the NNN format at 1134 North Detroit Street, West Liberty, OH 43357. The lease structure provides approximately 13 1/2 years remaining, along with three 5-year renewal options that include 10% rent increases. The properties may be purchased individually or as part of a portfolio across six locations in St. Francis, Amanda, Goshen, Orient, Wapakoneta, and West Liberty, Ohio.
The current lease is with Dolgen Midwest, LLC, a subsidiary of Dollar General Corp. The remarks state that Dollar General had approximately 14,300 discount stores in over 45 states as of the reporting cited, along with a reported “BBB” S&P credit rating and financial figures including net worth of $5.41 billion and revenues of $21.99 billion (as of February 2017). The offering is described with a stated cap rate range of 6.65%–6.75% based on the provided investment criteria.
The current lease is with Dolgen Midwest, LLC, a subsidiary of Dollar General Corp. The remarks state that Dollar General had approximately 14,300 discount stores in over 45 states as of the reporting cited, along with a reported “BBB” S&P credit rating and financial figures including net worth of $5.41 billion and revenues of $21.99 billion (as of February 2017). The offering is described with a stated cap rate range of 6.65%–6.75% based on the provided investment criteria.
Key Highlights
- NNN‑leased Dollar General storefronts available in St Francis, OH; Amanda, OH; Goshen, OH; Orient, OH; Wapakoneta, OH; and West Liberty, OH
- Approximately 13.5 years remaining on NNN leases
- Each lease includes three 5‑year renewal options with 10% rent increases
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
162
Businesses Nearby
12k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 62%
Groceries 29%
Dining 9%
Shell
Shops & Services
7,243 visits/mo
0.3 miles
Thoman IGA
Groceries
3,439 visits/mo
0.4 miles
SUBWAY
Dining
1,093 visits/mo
0.2 miles
Demographics for 43357, OH
4,848
Population
1,732
Households
2.8
Avg Household Size
45
Median Age
24%
College-Educated
93%
High-School Grad
68.0 sq mi
ZIP Area
71
Density / Sq Mi
$86,392
Median Household Income
$48,419
Median Earnings
$687
Median Rent
$215,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
NNN property - NNN-leased Dollar General storefront with approximately 13.5 years remaining and renewal options featuring 10% increases.
Where is this nnn property located?
The property is located at 1134 North Detroit Street West Liberty, OH.
What are key features of this property?
This property features: NNN‑leased Dollar General storefronts available in St Francis, OH; Amanda, OH; Goshen, OH; Orient, OH; Wapakoneta, OH; and West Liberty, OH; Approximately 13.5 years remaining on NNN leases; Each lease includes three 5‑year renewal options with 10% rent increases
