Listing Agency: SRS Real Estate Partners - Global Company

Listed By: Jeff Gates · License #CA 01768554 Show Phone

Source: Crexi

Added: Sep 15 Changed: Sep 18 Last Checked: Sep 19 at 9:41AM

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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 SRS Real Estate Partners - Global Company

Investment Insights

Based on property information with market context.

This NNN retail property was built in 2004 and is occupied by Dollar General. The retailer has operated at the site for more than 22 years, providing a long operating history at the property.

The lease has 3 years remaining and carries a corporate guarantee from Dollar General Corp. The guarantor is identified as investment grade with an S&P rating of BBB. The property is located at 3881 Columbus Rd in Centerburg, Ohio.

Key Highlights

• Dollar General has operated at the property for 22+ years
• 3 years remaining on the current lease
• Lease is corporately guaranteed by Dollar General Corp.

Property Analytics

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Current Use

Dollar General Discount Store Western Union Bank FedEx OnSite Postal Service

Suggested Use

Top Pick Building Supply HVAC Service Pharmacy Storage Facility Law Firm Plumbing Service

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

Location Intelligence

Trade Area within ½ mile

190

Businesses Nearby

13k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Dollar General Shops & Services

5,894 visits/mo 0.1 miles

Sunoco Shops & Services

3,989 visits/mo 0.0 miles

Park National Bank Shops & Services

2,594 visits/mo 0.4 miles

Napa Auto Parts Shops & Services

828 visits/mo 0.1 miles

Demographics for 43011, OH

7,559

Population

2,804

Households

2.7

Avg Household Size

42

Median Age

27%

College-Educated

97%

High-School Grad

80.0 sq mi

ZIP Area

94

Density / Sq Mi

$97,929

Median Household Income

$57,897

Median Earnings

$741

Median Rent

$287,300

Median Home Value

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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What type of property is this? Where is this nnn properties located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

NNN property - Corporate-backed retail tenancy with lease term remaining and established operating history.

Where is this nnn property located?

The property is located at 3881 Columbus Road Centerburg, OH.

What is the asking price?

The asking price for this property is $637,500.

What are key features of this property?

This property features: Dollar General has operated at the property for 22+ years; 3 years remaining on the current lease; Lease is corporately guaranteed by Dollar General Corp.