Log In/Sign Up
Your email has been sent.
Dollar General 981 State Route 7 N 9,100 SF Retail Building Pierpont, OH 44082 $1,714,010 CAD ($188.35 CAD/SF) 7.50% Cap Rate
INVESTMENT HIGHLIGHTS
- CORPORATE GUARANTEED TRIPLE-NET LEASED DOLLAR GENERAL WITH 10-YEARS REMAINING
EXECUTIVE SUMMARY
Long-Term Passive Income: 9-years remaining on NNN lease with Dollar General through January 2035—offering a passive 7.50% cap rate with zero landlord responsibilities.
Corporate Guarantee by Investment-Grade Tenant: Leased to Dollar General Corporation (NYSE: DG), the largest small-box discount retailer in the U.S. with over 20,000 locations and $40.6 billion in 2024 revenue.
Strong Rent Growth Built In: Features three successive 10% rental increases during option periods—offering built-in income growth through 2050.
Recent Construction with Minimal Maintenance: Built in 2020, the building is in excellent condition and aligned with Dollar General’s current store prototype, reducing near-term capital expenditure risk.
Rural Market Stability: Strategically located in an underserved, low-competition market where Dollar General stores thrive by capturing consistent necessity-based spending.
Corporate Guarantee by Investment-Grade Tenant: Leased to Dollar General Corporation (NYSE: DG), the largest small-box discount retailer in the U.S. with over 20,000 locations and $40.6 billion in 2024 revenue.
Strong Rent Growth Built In: Features three successive 10% rental increases during option periods—offering built-in income growth through 2050.
Recent Construction with Minimal Maintenance: Built in 2020, the building is in excellent condition and aligned with Dollar General’s current store prototype, reducing near-term capital expenditure risk.
Rural Market Stability: Strategically located in an underserved, low-competition market where Dollar General stores thrive by capturing consistent necessity-based spending.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2020
Price
$1,714,010 CAD
Price Per SF
$188.35 CAD
Cap Rate
7.50%
NOI
$128,551 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.50 AC
Zoning
C - Commercial
Parking
21 Spaces (2.31 Spaces per 1,000 SF Leased)
Frontage
229’ on Ohio 167
PROPERTY TAXES
| Parcel Number | 400330001000 | Improvements Assessment | $217,494 CAD |
| Land Assessment | $22,842 CAD | Total Assessment | $240,336 CAD |
PROPERTY TAXES
Parcel Number
400330001000
Land Assessment
$22,842 CAD
Improvements Assessment
$217,494 CAD
Total Assessment
$240,336 CAD
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Dollar General | 981 State Route 7 N
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.