Log In/Sign Up
Your email has been sent.
3822 Springfield-Xenia Rd 10,860 SF Retail Building Springfield, OH 45506 $1,674,062 CAD ($154.15 CAD/SF) 7.45% Cap Rate
Executive Summary
This 10,860 sq ft Dollar General sits on 6.12 acres of commercial land and delivers a strong 7.45% cap rate with 6 years remaining on the initial lease term. National credit tenant, pays $87,889.08 annually on a NN lease, with four renewal options featuring 10% rent increases—providing built-in income growth and long-term stability. Backed by a proven retailer, predictable cash flow, and valuable excess land, this is a clean, reliable investment that performs well on paper and even better in practice.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
10,860 SF
Building Class
B
Year Built
1997
Price
$1,674,062 CAD
Price Per SF
$154.15 CAD
Cap Rate
7.45%
NOI
$124,794 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
6.12 AC
Zoning
I1
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 30-00600-00700-0076 | Improvements Assessment | $513,858 CAD |
| Land Assessment | $61,795 CAD | Total Assessment | $575,653 CAD |
Property Taxes
Parcel Number
30-00600-00700-0076
Land Assessment
$61,795 CAD
Improvements Assessment
$513,858 CAD
Total Assessment
$575,653 CAD
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
3822 Springfield-Xenia Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.