3822 Springfield Xenia Road, Springfield, OH 45506

Building Details

Year built

1997

Listing agent Martha D Hunley License #450518 Show Phone

Listing office Keller Williams Greater Cols k***@kw.com 1 Easton Oval, Ste. 100, Columbus, OH Show Phone

Listing date Feb 12, 2026

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MLS# 226004086

Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This Dollar General property totals 10,860 square feet and is positioned on 6.12 acres of commercial land. The building is leased under a net lease structure with 6 years remaining on the initial lease term. The tenant is paying $87,889.08 annually and has four renewal options, each providing for 10% rent increases, supporting long-term income growth.

Located at 3822 Springfield Xenia Road in Springfield, OH 45506, the site offers excess land alongside a corporate retail operator. The landlord’s responsibilities are limited to the exterior and parking lot, keeping the asset’s management requirements straightforward.

For investors seeking a stable retail income stream, this property offers the combination of a national credit tenant and an extended runway through scheduled renewals. It also provides tangible value through the underlying commercial land component, making it a practical option for those looking for predictable cash flow with manageable landlord obligations.

Suggested Use

Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Department Store Accounting Firm Storage Facility Bar & Pub Garden Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Springfield

County

Clark

State

Ohio

Longitude

-83.844944

Latitude

39.869661

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FAQs

What type of property is this?

Retail space - National Dollar General on commercial land with strong 7.45% cap rate and remaining initial lease term.

Where is this retail space located?

The property is located at 3822 Springfield Xenia Road Springfield, OH.

What is the asking price?

The asking price for this property is $1,179,000.

What are key features of this property?

This property features: 10,860 sq ft Dollar General on 6.12 acres of commercial land; National credit tenant on a NNN lease paying $87,889.08 annually; 7.45% cap rate reported with 6 years remaining on the initial lease term