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Dollar General - New London, OH

100 E Main St, New London, OH, USA

For Sale

$660,000

Property Description

  • Strong Population Numbers: 2,500+ people in a 1-mile radius.

  • Excellent Visibility Along Main Street: Nearly 2,000 vehicles daily pass the property.

  • Long Operating History: DG had been here for nearly 20 years and are committed until 2028.

  • Already Exercised an Option: DG has already renewed one option showing further site commitment.

  • Low Competition: No other Dollar General stores within a 9-mile radius.

  • HVAC Replaced 6 Years Ago: DG bought the units, LL paid for installation.

  • Parking Lot Maintenance: DG pays $563.38/month on top of rent for parking lot to LL & the parking lot gets sealed every 3 years.

  • NN Lease - Minimal Landlord responsibilities.

  • Investment Grade Tenant - Dollar General holds a BBB rating from S&P and is considered an investment-grade credit tenant. This rating ensures a high likelihood of on-time payments and offers stability to investors.

The Property Profiler - DG - Fayetteville, NC.pptx.png
Offering Memorandum

Property Details

Property Type

Retail

Net-Lease

NN

Size

9,014

Acres

1.05

Property Location

100 E Main St, New London, OH, USA

Contact Agent

Phil Hontzas
Gregory Fitzgerald
Brian Brockman - License #: BRK.2009000214

(470) 443-9405

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