580 S Broad Street
Lancaster (Columbus MSA), OH 43130
Dollar General
| Offering Summary | |||
|---|---|---|---|
| Price | $2,135,136 | Cap Rate | 6.25% |
| NOI | $133,446.00 | Rentable SF | 10,542 SF |
| Lot Size | 1.50 +/- Acres | Year Built | 2023 |
| Lease Type | Absolute NNN | Lease Term | 15 Years |
Investment Highlights
- Brand New 2023 Construction (Relocation Site)
- New 15-Year Abs NNN Lease w/ 10% Rent Increases Every 5-Yrs
in the (4) 5-Yr Option Periods (Zero Landlord Responsibilities) - Dollar General (NYSE: DG) Corporate Guarantee (Investment
Grade Credit – S&P Rated BBB) - Excellent Visibility & Frontage on S Broad Street & S Memorial Dr
- Traffic Counts Exceeding 20,800 Vehicles Per Day
- Minutes from Downtown Lancaster, 30 Miles to Downtown
Columbus, & Only 34 Miles from The Ohio State University (50,000
Undergraduate Students & Nearly 15,000 Graduate Students)
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For More Information, Please Contact:
John R Wertz
Managing Principal
(619) 218-6427
jwertz@wertzrealestate.com