305 Main St Pleasant Hill, OH 45359-8714

This exceptional investment opportunity features a 9,026 square foot Dollar General store in Pleasant Hill, Ohio, operating under a 15-year absolute NNN lease with three, 5-year options. The lease commenced August 25, 2013, and expires August 31, 2028, leaving approximately 3.8 years remaining. The property boasts a 7.50% cap rate and a strong NOI of $90,983, with a sale price of $1,213,109 ($134.40/sq ft). Rent increases by 10% during each option period. The single-story building, constructed in 2013, sits on a 1.68-acre lot (APN: I26-003305). The tenant, Dollar General, is credit-rated and provides a corporate guarantee, ensuring a secure investment. The property enjoys 100% occupancy since its opening on August 25, 2013. Located at 305 S Main St, Pleasant Hill, OH 45359, this property benefits from a strong demographic profile, including an average household income within a 5-mile radius of $100,534 and a population of approximately 193,622 within a 10-mile radius. The property is conveniently located within approximately a 30-minute drive of downtown Dayton, OH, and approximately a 24-minute drive from Dayton International Airport. Limited competition in the immediate area further enhances the investment potential. This fee-simple ownership offers a compelling opportunity for long-term, passive income generation.