Log In/Sign Up
Your email has been sent.
3822 Springfield-Xenia Rd 10,860 SF Retail Building Springfield, OH 45506 $1,632,396 CAD ($150.31 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. Landlord responsibilities are the exterior and parking lot.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
10,860 SF
Building Class
B
Year Built
1997
Price
$1,632,396 CAD
Price Per SF
$150.31 CAD
Cap Rate
7.45%
NOI
$121,688 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 | $500,712 CAD |
| Land Assessment | $60,215 CAD | Total Assessment | $560,927 CAD |
Property Taxes
Parcel Number
30-00600-00700-0076
Land Assessment
$60,215 CAD
Improvements Assessment
$500,712 CAD
Total Assessment
$560,927 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.