517 2Nd St Ripley, OH 45167

This exceptional investment opportunity presents a fee-simple ownership of a 9,214 square-foot Dollar General store in Ripley, Ohio. The property boasts a 16-year absolute NNN lease, commencing March 28, 2019, and expiring March 31, 2035, with a remaining term of approximately 10.4 years. The lease includes four five-year renewal options, each with a 10% rent increase. The tenant, Dollar General Corporation, provides a corporate guarantee, offering significant security. The property's strong financial performance is reflected in a 7.25% cap rate and a net operating income (NOI) of $96,558. Built in 2020, this single-story building sits on a 1.66-acre lot at 517 S 2nd St, Ripley, OH 45167, a highly visible location with 10,150 vehicles passing daily. The surrounding area demonstrates strong demographics, with a ten-mile population of 26,669 and an average household income of $64,227. The asking price is $1,331,834, translating to $144.54 per square foot. This property is ideally suited for a 1031 exchange buyer or a passive investor seeking a secure, high-return investment. The property is currently 100% occupied.