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.
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