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Absolute NNN Dollar General Lease

305 S Main St, Pleasant Hill, OH 45359

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Absolute NNN lease with four-plus years remaining and three five-year option periods with 10% rent increases each.

Property Size9,026 SF
Days on Market105

Property Features for 305 S Main St

General Information

Standard status Active
Size 9,026 SF
Property subtype Commercial
Lease Term ±3 Years

Building Details

Building Size 9,026 SF
Year Built 2013
Tenancy Single
Listing Agency: Matthews
Listed By: Joe Nelson · License CA #02012421
Source: Matthews
Added: Jul 30 Changed: Oct 25 Last Checked: Nov 10 at 5:04AM

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

Rey
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Investment Insights

Based on property information with market context.

Absolute NNN leased retail property with no landlord responsibilities. The lease term includes 4+ years remaining and three, 5-year option periods, each with 10% rent increases. This provides a long runway of contract duration with scheduled escalations tied to the option periods.

The property is located at 305 S Main St, Pleasant Hill, OH 45359. The immediate tenant is Dollar General, and the company is described as having an investment-grade credit rating of BBB (S&P). The market context provided includes limited nearby grocery competition, with no grocery stores and one convenience store in Pleasant Hill.

Access and regional draw are supported by the drive times noted: approximately a 30-minute drive from Downtown Dayton, OH and about a 24-minute drive from Dayton International Airport. The property size is 9,026 SF.

Key Highlights

  • Absolute NNN lease structure with no landlord responsibilities
  • 4+ years remaining plus three 5‑year option periods
  • 10% rent increases in each option period

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Pharmacy Grocery & Convenience Store Bakery Kitchen & Bath Showroom

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

66
Businesses Nearby
10k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Marathon Shops & Services
5,282 visits/mo 0.1 miles
Dollar General Shops & Services
4,577 visits/mo 0.1 miles

Demographics for 45359, OH

1,996
Population
740
Households
2.7
Avg Household Size
42
Median Age
20%
College-Educated
97%
High-School Grad
13.8 sq mi
ZIP Area
145
Density / Sq Mi
$70,707
Median Household Income
$40,579
Median Earnings
$725
Median Rent
$186,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
NNN property - Absolute NNN lease with four-plus years remaining and three five-year option periods with 10% rent increases each.
Where is this nnn property located?
The property is located at 305 S Main St Pleasant Hill, OH.
What are key features of this property?
This property features: Absolute NNN lease structure with no landlord responsibilities; 4+ years remaining plus three 5‑year option periods; 10% rent increases in each option period
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