980 Kilbourne St Bellevue, OH 44811
This exceptional investment opportunity presents a fee simple interest in a brand-new, 10,640 square foot Dollar General store located at 980 Kilbourne St, Bellevue, OH 44811. The property sits on a 2.33-acre lot and boasts a 15-year absolute NNN lease with Dollar General Corporation, a financially strong tenant with over $38 billion in annual revenue. The lease, signed by Dolgen Midwest LLC, a major operating subsidiary, features built-in 5% rent bumps commencing in year six and recurring every five years thereafter, providing a hedge against inflation. The current cap rate is 6.65%, projected to increase to over 7% in year six. This is a hands-off investment
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.