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635 Old State Route 74
Cincinnati, OH 45244
Terrain À vendre
·
1,20 AC
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FAITS SAILLANTS DE L'INVESTISSEMENT
- 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
RÉSUMÉ DE L'ANNONCE
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
FAITS SUR LA PROPRIÉTÉ
| Type de vente | Investissement | Sous-type de propriété | Terrain commercial |
| Nombre de lots | 1 | Utilisation proposée | Commercial |
| Type de propriété | Terrain | Taille totale du lot | 1,20 AC |
| Zonage | B-1 - Entreprises | ||
| Type de vente | Investissement |
| Nombre de lots | 1 |
| Type de propriété | Terrain |
| Sous-type de propriété | Terrain commercial |
| Utilisation proposée | Commercial |
| Taille totale du lot | 1,20 AC |
| Zonage | B-1 - Entreprises |
1 LOT DISPONIBLE
Lot
| Prix | 3 118 662 $ CAD | Taille du lot | 1,20 AC |
| Prix par AC | 2 598 884,66 $ CAD |
| Prix | 3 118 662 $ CAD |
| Prix par AC | 2 598 884,66 $ CAD |
| Taille du lot | 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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