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635 Old State Route 74
Cincinnati, OH 45244
Land For Sale
·
1.20 AC
INVESTMENT HIGHLIGHTS
- Brand New 15 Year Absolute NNN Lease
- 2025 BTS Plus Size Construction | Near Signalized Intersection
- 5 (5 Year) Options | 5% Increases At Each Option
- Zero Landlord Responsibilities
- 5% Rental Rate Increases Every 5 Years!
- One Mile Household Income $66,694
EXECUTIVE SUMMARY
Fortis Net Lease is pleased to present this 2025 BTS 10,640 SF. Dollar General Plus
store located in Cincinnati, Ohio. The property is secured with a 15 year Absolute NNN
Lease leaving zero landlord responsibilities. The lease contains 5% rental rate increases
every 5 years including at each of the 5 (5 year) options to renew. The lease is
corporately guaranteed by Dollar General Corporation which holds a credit rating of
“BBB”, which is classified as Investment Grade. The store will start construction soon
with opening & rent start on track for February 2026.
This Dollar General is highly visible as it is strategically positioned on Old State Rte 74
seeing 11,740 cars per day. The store is easily accessible from both State Rte 32 (seeing
22,576 cars per day) & I-275 (seeing 63,991 cars per day). The 5 mile population from the
site is 111,716 and the 1 mile average household income is $66,694 per year, making this
location ideal for a Dollar General. This area is also seeing steady population growth.
The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a
“passive” investor to attain the fee simple ownership of Dollar General. This investment
will offer a new owner continued success due to the financial strength and the proven
profitability of the tenant, the nation’s top dollar store. List price reflects a 6.40% cap
rate based on NOI of $144,372
store located in Cincinnati, Ohio. The property is secured with a 15 year Absolute NNN
Lease leaving zero landlord responsibilities. The lease contains 5% rental rate increases
every 5 years including at each of the 5 (5 year) options to renew. The lease is
corporately guaranteed by Dollar General Corporation which holds a credit rating of
“BBB”, which is classified as Investment Grade. The store will start construction soon
with opening & rent start on track for February 2026.
This Dollar General is highly visible as it is strategically positioned on Old State Rte 74
seeing 11,740 cars per day. The store is easily accessible from both State Rte 32 (seeing
22,576 cars per day) & I-275 (seeing 63,991 cars per day). The 5 mile population from the
site is 111,716 and the 1 mile average household income is $66,694 per year, making this
location ideal for a Dollar General. This area is also seeing steady population growth.
The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a
“passive” investor to attain the fee simple ownership of Dollar General. This investment
will offer a new owner continued success due to the financial strength and the proven
profitability of the tenant, the nation’s top dollar store. List price reflects a 6.40% cap
rate based on NOI of $144,372
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Commercial |
| Property Type | Land | Total Lot Size | 1.20 AC |
| Zoning | B-1 - Business | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.20 AC |
| Zoning | B-1 - Business |
1 LOT AVAILABLE
Lot
| Price | $3,118,662 CAD | Lot Size | 1.20 AC |
| Price Per AC | $2,598,884.66 CAD |
| Price | $3,118,662 CAD |
| Price Per AC | $2,598,884.66 CAD |
| Lot Size | 1.20 AC |
Fortis Net Lease is pleased to present this 2025 BTS 10,640 SF. Dollar General Plus store located in Cincinnati, Ohio. The property is secured with a 15 year Absolute NNN Lease leaving zero landlord responsibilities.
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