Building Details

Tenancy Single

Listing Agency: Colliers - Los Angeles - Orange County, California g***@colliers.com Show Phone

Listed By: Eric Carlton · License #CA 01809955

Source: Crexi

Added: Oct 10, 2024 Changed: Aug 8 Last Checked: Aug 21 at 4:54AM

Report an Issue

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 Colliers - Los Angeles - Orange County, California

Investment Insights

Based on property information with market context.

A portfolio of 18 Dollar General stores located across Ohio and West Virginia is available for acquisition. The properties are under triple net leases with staggered expiration dates. The remaining lease terms range from 5.2 years to month-to-month, averaging 4.4 years. Most locations include multiple option periods with rent increases scheduled every five years. The portfolio offers long-term growth potential and strong site fundamentals.

Key Highlights

• Portfolio of 18 Dollar General locations in Ohio and West Virginia.
• Triple net leases.
• Staggered lease expiration dates provide diversification.

Property Analytics

Current Use

Grocery and convenience stores

Location Intelligence

Trade Area within ½ mile

5

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 44003, OH

4,275

Population

3,009

Households

1.4

Avg Household Size

49

Median Age

5%

College-Educated

84%

High-School Grad

60.8 sq mi

ZIP Area

70

Density / Sq Mi

$53,690

Median Household Income

$38,571

Median Earnings

$714

Median Rent

$117,400

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

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this grocery and convenience stores located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Duplex With Remodeled Barn

181 Gates Street, Andover, OH 44003

$149,900

1,828 SF

View details

Restaurant with Covered Bridge

380 E Main, Andover, OH 44003

$350,000

0.86 Acres

View details

Side-by-Side Duplex Investment Property

180-182 Hickory Street, Andover, OH 44003

$129,900

0.33 Acres

View details

Storefront with Salon Fixtures

38 Public Square, Andover, OH 44003

$70,000

0.02 Acres

View details

Storefront Property with Forced-Air Heat

38 Public Square, Andover, OH 44003

$70,000

View details

Turn-Key Medical Building with Helipad

476 S Main Street, Andover, OH 44003

Contact for pricing

View details

Frequently Asked Questions

What type of property is this?

Grocery and convenience store - Portfolio of 18 Dollar General stores in Ohio, West Virginia.

Where is this grocery and convenience store located?

The property is located at 5626 US-6 Andover, OH.

What is the asking price?

The asking price for this property is $14,012,314.

What are key features of this property?

This property features: Portfolio of 18 Dollar General locations in Ohio and West Virginia.; Triple net leases.; Staggered lease expiration dates provide diversification.