2857 Prospect-Mt Vernon Rd Prospect, OH 43342
This exceptional investment opportunity presents a fee-simple, single-tenant Dollar General store in Prospect, Ohio. The 9,100-square-foot building, constructed in 2018, sits on a 1-story structure and boasts 100% occupancy with a credit-rated tenant under an absolute NNN lease. The remaining lease term is nine years, with options for three- to four-year and five-year extensions. This property offers significant advantages for investors, including a strong national tenant with a BBB S&P and Baa2 Moody's credit rating, eliminating landlord responsibilities. Seller financing is available at a 4.5% interest rate over a nine-year term, amortized over 25 years. Located at 2857 Prospect-Mt Vernon Rd W, Prospect, OH 43342, this property is situated in Marion County and benefits from ideal demographics for strong performance. The property's location ensures minimal competition and aligns with Dollar General's successful market strategy. This is a rare chance to acquire a stable, high-performing retail asset with attractive financing terms. The property is a recession-resistant investment, benefiting from the essential nature of Dollar General's business model.
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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.