Log In/Sign Up
Your email has been sent.
3822 Springfield-Xenia Rd 10,860 SF Retail Building Springfield, OH 45506 $1,516,722 CAD ($139.66 CAD/SF) 8% Cap Rate
Investment Highlights
- SINGLE TENANT DOLLAR GENERAL LOCATION: 10,860-SF on a large 1.68 acre lot.
- CORPORATE GUARANTEE: Lease is guaranteed by Dollar General, with over 20,000 locations across 48 states.
- HIGH VISIBILITY LOCATION: Located along Springfield Xenia Road with high visibility and lighted pylon sign. Easy access from both traffic directions.
- TRIPLE NET LEASE: 6 years remaining on a 10 year NNN lease with four, 5-year renewal options and 10% rental increases in each option.
- FEE SIMPLE OWNERSHIP: Provides the buyer with the highest form of real estate ownership and absolute control over the asset.
- HIGH TRAFFIC CORRIDOR: Located just off of Interstate 70 seeing 55,800 VPD, a major east-west highway connecting Dayton to Columbus & on to Pittsburgh
Executive Summary
Triple Net Lease | Proximity to Interstate 70 and Downtown Springfield
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
10,860 SF
Building Class
B
Year Built
1997
Price
$1,516,722 CAD
Price Per SF
$139.66 CAD
Cap Rate
8%
NOI
$121,342 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
Contacts
-
Dante Moretti -
Darpan Patel -
Dan Yozwiak -
Paige Bucheit -
Sam Elyassaki -
Peter Sibicky -
Marcus & Millichap
1 of 5
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.