477 US-224 Sullivan, OH 44880

Building Details

Year Built

2015

Listing Agency Legacy Real Estate Advisors J***@legacycrea.com Show Phone

Listed by Jaidyn Smith

Source Legacycrea

Added: Mar 5 Checked: Jul 16 at 2:39 am

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Investment Insights

Based on property information with market context.

This single-tenant, freestanding Dollar General property is located in Sullivan, Ohio, within the Akron, OH MSA, ranked #85 nationally. The property features an absolute NNN lease structure, assigning zero landlord responsibilities. Situated along US Route 224, a prominent east-west route connecting Huntington, IN, to New Castle, PA, the site experiences over 4,000 vehicles passing daily. The surrounding demographics include a residential population exceeding 3,300 within a 3-mile radius, with a projected population growth of +2.47% in the next four years. Dollar General boasts 33 consecutive quarters of same-store sales growth, with 2021 revenues topping $34 billion and $2.4 billion in net income. Dollar General holds an investment-grade credit rating of "BBB" with S&P and a positive/stable outlook, with the store count increasing year over year, further strengthening the corporate guaranty.

Key Highlights

• Investment grade credit rating of "BBB" (S&P) with a positive/stable outlook.
• Absolute NNN lease structure with zero landlord responsibilities.
• Single tenant free standing Dollar General.

Property Analytics

Property Profile Location Intelligence

FAQs

What type of property is this?

Grocery and convenience store - Freestanding Dollar General in Sullivan, OH with NNN lease.

Where is this grocery and convenience store located?

The property is located at 477 US-224 Sullivan, OH.

What is the asking price?

The asking price for this property is $1,130,771.

What are key features of this property?

This property features: Investment grade credit rating of "BBB" (S&P) with a positive/stable outlook.; Absolute NNN lease structure with zero landlord responsibilities.; Single tenant free standing Dollar General.