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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2857 Prospect-Mt Vernon Rd Prospect, OH 43342

9,100 SF Built 2018
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2018
Total area 9,100 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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