Building Details

Tenancy Single

Listing Agency: SAB Capital

Listed By: Preet Sabharwal · License #NY 10401215775

Source: Crexi

Added: Apr 10 Changed: Aug 31 Last Checked: Aug 31 at 5:13AM

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Investment Insights

Based on property information with market context.

This Dollar General grocery and convenience store is subject to an absolute net lease, placing responsibility for all property-related expenses with the tenant. More than eight years remain on the current lease term, providing defined contractual occupancy for the asset.

Lease economics include a three percent rent increase in 2021 and a ten percent increase during the option periods. Dollar General Corporation provides a corporate guaranty, adding support from the operating company behind the tenancy.

Key Highlights

• Dollar General grocery and convenience store
• Absolute net lease with more than eight years remaining
• Tenant responsible for all expenses associated with the asset

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Auto Repair Shop Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

7

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Grocery and convenience store - Corporate-backed occupancy is structured under an absolute net lease with tenant-paid property expenses.

Where is this grocery and convenience store located?

The property is located at 13146 State Route 13 Glouster, OH.

What are key features of this property?

This property features: Dollar General grocery and convenience store; Absolute net lease with more than eight years remaining; Tenant responsible for all expenses associated with the asset