4680 Riv NE Rd Warren, OH 44484-1051

This exceptional investment opportunity features a 9,026 square foot free-standing Dollar General store located at 4680 N River Rd NE, Warren, OH 44484. Built in 2018, this property boasts a 100% occupancy rate with a corporate-guaranteed, 15-year NNN lease (commencing September 15, 2018, and expiring September 14, 2033), leaving 9 years remaining. The lease includes four, 5-year options with a 10% rent increase at each option exercise. The property generates a strong net operating income (NOI) of $94,955, resulting in an attractive 7.50% cap rate. The asking price is $1,265,000, translating to $140.15 per square foot based on land value. This well-maintained property benefits from the strong brand recognition of Dollar General, a leading discount retailer known for its consistent profitability and stable cash flow. The property's prime location in Warren, Ohio, contributes to its long-term investment potential. This is a single-tenant property offering a hands-off investment approach focused on cash flow and appreciation. The property is for sale by owner.