Dollar General NNN Investment
275 Morrison McComb, OH
275 Morrison, McComb, OH, 00000
Contact for pricing
For Sale
Contact for pricing
NNN Dollar General with new 15-year lease and strong income.
Property Size9,249 SF
Lot Size1.57 Acres
Price / SF$135.50
Days on Market337
Property Features for 275 Morrison
General Information
- Standard status
- Active
- Size
- 9,249 SF
- Lot size
- 1.57 Acres
- Property subtype
- RETAIL
Listing agency
Matthews Real Estate Investment Services | Dallas
(315) 730-6228
Listed by
Josh Bishop · License #688810(TX)
(315) 730-6228
Source
Moodyscre
Added: Aug 19, 2025 Updated: Jul 10 at 11:50AM Checked: Jul 21 at 6:26AM
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 Matthews Real Estate Investment Services | Dallas
Investment Insights
Based on property information with market context.
This property features a Dollar General store constructed in 2013. In 2023, Dollar General signed a new 15-year lease, demonstrating their commitment to the location. The lease includes 5% rental increases every five years for the life of the lease. The surrounding community has an average household income of $98,123 within a 5-mile radius. The property operates under an absolute NNN lease, meaning there are zero landlord responsibilities. The population within an 8-mile radius is approximately 28,629 residents, and within a 10-mile radius, the population is approximately 58,844 residents. The property size is 9,249 square feet.
Key Highlights
- Brand new 15‑year lease signed by Dollar General in 2023 demonstrating commitment to the location.
- Absolute NNN lease with ZERO landlord responsibilities.
- 5% rental increases every 5 years for the life of the lease.
Local Financial Insights For 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 | $54.4k | $5.88 |
| − Vacancy | −$1.9k | −$0.21 |
| EGI | $52.4k | $5.67 |
| − OpEx | −$15.7k | −$1.70 |
| NOI | $36.7k | $3.97 |
9,249 SF · lease $5.88/SF/yr · vacancy 3.58% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$2.58M
$2.26M – $3.01M
NOI $180,587 @ 7.0% cap · market cap 14.41%
Second Best
Retail
$524.4K
$458.8K – $611.8K
NOI $36,706 @ 7.0% cap · market cap 2.93%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
FAQs
What type of property is this?
Grocery and convenience store - NNN Dollar General with new 15-year lease and strong income.
Where is this grocery and convenience store located?
The property is located at 275 Morrison McComb, OH.
What is the asking price?
The asking price for this property is $1,253,224.
What are key features of this property?
This property features: Brand new 15‑year lease signed by Dollar General in 2023 demonstrating commitment to the location.; Absolute NNN lease with ZERO landlord responsibilities.; 5% rental increases every 5 years for the life of the lease.
