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