DOLLAR GENERAL

500 S Main St, Fort Loramie, OH 45845
$679,543

Cap Rate
8.75%
Price Per SF
$75
Year Built
2005
Leasable Area
9,014 SF
Term Remaining
±5 YRS
Property Type
Retail

INVESTMENT HIGHLIGHTS

LEASE & LOCATION HIGHLIGHTS

  • Attractive 8.75% return on a stabilized investment grade credit tenant.
  • Dollar General recently exercised a five-year lease renewal demonstrating a strong commitment to this location.
  • The subject property is located less than 3 miles from the main tourist attraction in Fort Laramie, “Country Concert Stage,” a 3-day annual festival that typically attracts around 80,000 attendees over its three-day event.
  • Average household income of approximately $121,759 within a 5-mile radius.
  • Fort Laramie, OH, is just ±45 miles north of Dayton, OH (population 135,512).

TENANT HIGHLIGHTS

  • Dollar General boasts an investment grade credit rating of BBB (S&P)
  • Dollar General has ±21,000 locations and plans to continue their expansion for the foreseeable future
  • Dollar General has been considered an essential retailer and has proven to be one of the most profitable companies through the COVID 19 pandemic

 


Broker of Record

  • Matt Wallace
  • License No. REC.2022007141 (OH)
  • (866) 889-0550
  • Matthews Real Estate Investment Services, Inc
  • 950 Main Ave.,
    Suite 510, Cleveland, OH 44113
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