Dollar General Mini Market
13399 Cygnet Rd Cygnet, OH 43413
13399 Cygnet Rd, Cygnet, OH, 43413
Contact for pricing
For Sale
Contact for pricing
Brand-new 2025 Dollar General Mini Market with absolute NNN lease commencing February 2025.
Property Size10,640 SF
Lot Size2.41 Acres
Price / SF$188.09
Days on Market120
Property Features for 13399 Cygnet Rd
General Information
- Standard status
- Active
- Size
- 10,640 SF
- Lot size
- 2.41 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2025
Listing agency
Marcus & Millichap - Orange County
Listed by
Kyle Blatt · License #CA 02017976
Source
Crexi
Added: Mar 24 Updated: Jul 21 at 1:36PM Checked: Jul 21 at 1:36PM
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 Marcus & Millichap - Orange County
Investment Insights
Based on property information with market context.
Brand-new in 2025, this Dollar General Mini Market features a 10,640 SF building set on 2.41 acres. The property is offered with an absolute NNN structure supported by a 15-year lease commencing February 2025. The lease includes 5% rent increases every five years and five additional 5-year renewal options.
The site is positioned just off I-75 in Cygnet, Ohio, and is described as being in a grocery-underserved rural community. The listing notes access toward Toledo and nearby employment centers, as well as proximity to Bowling Green State University (19,703 students).
The site is positioned just off I-75 in Cygnet, Ohio, and is described as being in a grocery-underserved rural community. The listing notes access toward Toledo and nearby employment centers, as well as proximity to Bowling Green State University (19,703 students).
Key Highlights
- 2025 Dollar General Mini Market on 2.41 acres with a 10,640 SF building.
- 15‑year absolute NNN lease commenced February 2025 with investment‑grade tenant Dollar General (NYSE: DG).
- Lease includes 5% rent increases every five years and five 5‑year renewal options.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $114.9k | $10.80 |
| − Vacancy | −$6.9k | −$0.65 |
| EGI | $108.0k | $10.15 |
| − OpEx | −$27.0k | −$2.54 |
| NOI | $81.0k | $7.61 |
10,640 SF · lease $10.80/SF/yr · vacancy 6.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.16M
$1.01M – $1.35M
NOI $81,013 @ 7.0% cap · market cap 4.05%
Second Best
Retail
$600.6K
$525.5K – $700.7K
NOI $42,042 @ 7.0% cap · market cap 2.10%
Theoretical Best
Office A
$2.48M
$2.17M – $2.89M
NOI $173,481 @ 7.0% cap · market cap 8.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
FAQs
What type of property is this?
Grocery and convenience store - Brand-new 2025 Dollar General Mini Market with absolute NNN lease commencing February 2025.
Where is this grocery and convenience store located?
The property is located at 13399 Cygnet Rd Cygnet, OH.
What is the asking price?
The asking price for this property is $2,001,271.
What are key features of this property?
This property features: 2025 Dollar General Mini Market on 2.41 acres with a 10,640 SF building.; 15‑year absolute NNN lease commenced February 2025 with investment‑grade tenant Dollar General (NYSE: DG).; Lease includes 5% rent increases every five years and five 5‑year renewal options.
