628 Erie St Antwerp, OH 45813

Building Details

Year Built

2013

Listing office j***@legacycrea.com Show Phone

Listing date Mar 5, 2026

Source Legacycrea

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Investment Insights

Based on property information with market context.

This freestanding Dollar General property, constructed in 2013, features 9,100+ square feet of space on a 1.25-acre lot with 30 parking spaces. The property is subject to a long-term, 15-year absolute NNN lease, with approximately 6 years remaining on the base term. Situated on Erie St, a major north/south thoroughfare near Hwy 24, the major east/west thoroughfare, the location benefits from high traffic volume, with over 15,800 vehicles passing the site daily. Dollar General has demonstrated consistent growth with 33 consecutive quarters of same-store sales growth and 2021 revenues exceeding $34 billion, with $2.4 billion in net income. Located in Antwerp, OH, which is 24 miles east of Fort Wayne, IN, the property benefits from the Fort Wayne MSA, ranked #130 in the US, hosting over 423,000 residents. Dollar General holds an investment-grade credit rating of "BBB" with S&P and a positive/stable outlook, with store count increasing year over year.

Key Highlights

• Long term absolute NNN lease with approximately 6 years remaining on the base term, great for out‑of‑state investors.
• Strong financial performance of tenant, Dollar General, indicates a stable tenant.
• Investment grade credit rating: Dollar General holds a 'BBB' credit rating with S&P, ensuring a reliable corporate guaranty.

Property Analytics

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FAQs

What type of property is this?

Grocery and convenience store - NNN Dollar General with investment grade credit rating.

Where is this grocery and convenience store located?

The property is located at 628 Erie St Antwerp, OH.

What is the asking price?

The asking price for this property is $1,202,000.

What are key features of this property?

This property features: Long term absolute NNN lease with approximately 6 years remaining on the base term, great for out‑of‑state investors.; Strong financial performance of tenant, Dollar General, indicates a stable tenant.; Investment grade credit rating: Dollar General holds a 'BBB' credit rating with S&P, ensuring a reliable corporate guaranty.