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Dollar General NNN Retail Property
For Sale
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475 Anthony Wayne Trail, Waterville, OH 43566

Purpose-built retail asset with a recently exercised second renewal and corporate guaranty.

Property SizeContact for details
Days on Market146

Property Features for 475 Anthony Wayne Trail

General Information

Standard status Active
Property subtype Retail
Net Operating Income $67,160

Building Details

Year Built 2005
Tenancy Single
Listing Agency: Reichle | Klein Group
Listed By: Joe Belinske · License #OH 0000320016
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 2:34PM

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 Reichle | Klein Group

Investment Insights

Based on property information with market context.

This NNN retail property is occupied by Dollar General under a corporate guaranty and was constructed in 2005 specifically for the tenant. A second renewal was recently exercised, providing documented continuation of the tenancy. The property is positioned along Anthony Wayne Trail in Waterville, the community’s main commercial corridor, with exposure serving the surrounding area.

Landlord obligations include the roof, structural components, and parking lot capital improvements. The tenant is responsible for real estate taxes, building insurance, and ongoing parking-lot care, including landscaping, lighting, cleaning, security, striping, repairs, and grass cutting. The property is located at 475 Anthony Wayne Trail, Waterville, Ohio 43566.

Key Highlights

  • Recently exercised second renewal
  • Constructed in 2005 for Dollar General
  • Corporate guaranty from Dollar General, rated BBB

Property Analytics

Current Use

Western Union Bank

Suggested Use

Top Pick Dental Office Law Firm HVAC Service Real Estate Agency Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

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

131
Businesses Nearby

Demographics for 43566, OH

8,371
Population
3,594
Households
2.3
Avg Household Size
43
Median Age
46%
College-Educated
98%
High-School Grad
18.4 sq mi
ZIP Area
455
Density / Sq Mi
$108,497
Median Household Income
$57,413
Median Earnings
$1,378
Median Rent
$283,500
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
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Frequently Asked Questions

What type of property is this?
NNN property - Purpose-built retail asset with a recently exercised second renewal and corporate guaranty.
Where is this nnn property located?
The property is located at 475 Anthony Wayne Trail Waterville, OH.
What are key features of this property?
This property features: Recently exercised second renewal; Constructed in 2005 for Dollar General; Corporate guaranty from Dollar General, rated BBB
(419) 794-6045 Call to check price and availability
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