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Dollar General Plus 10797 Hamilton Ave 10,640 SF Retail Building Cincinnati, OH 45231 $2,118,364 ($199.09/SF) 6.60% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Brand New 15 Year Absolute NNN Lease Zero Landlord Responsibilities | NOW OPEN! 2025 BTS Plus Size Construction | Corner Site
  • One Mile Household Income $61,942 5 Mile Population 180,760 14,435 Cars Per Day on Hamilton Avenue (Hwy 127).
  • Dollar General Corporate Guaranty 5 Mile Consumer Spending is $2.1 Billion!!
  • 5% Rental Rate Increases Every 5 Years! 5 (5 Year) Options | 5% Increases At Each Option.
  • Easy Access to I-275 (84,814 ADTC) Investment Grade Dollar Store With "BBB" Credit Rating.

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 has completed construction & successfully opened for business in August 2025.
This Dollar General is highly visible as it is strategically positioned on the corner of Lincoln Avenue & Hamilton Avenue seeing 14,435 cars per day. The store is conveniently located off an I-275 exit (seeing 84,814 VPD). The 5 mile population from the site is 180,760 and the 1 mile average household income is $61,942 per year, making this location ideal for a Dollar General. The 5 mile consumer spending is $2.1 Billion! 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 6.60% cap rate based on NOI of $39,812.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
10,640 SF
Building Class
C
Year Built
2025
Price
$2,118,364
Price Per SF
$199.09
Cap Rate
6.60%
NOI
$139,812
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.20 AC
Zoning
C-1 - Commercial
Parking
53 Spaces (4.98 Spaces per 1,000 SF Leased)
Frontage
151’ on Hamilton Avenue

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

DG is proud to be America’s neighborhood general store. We strive to make shopping hassle-free and affordable with convenient, easy-to-shop stores all across the states. DG's stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands. From serving their customers with value and convenience and their employees with career opportunities to serving the communities they call home through literacy and education, Dollar General has been committed to its mission of Serving Others since the company’s founding in 1939.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer 99,999 SF - Lorem Ipsum Jan 0000

NEARBY MAJOR RETAILERS

Larosa's Pizzeria
Rent-A-Center
Nathan's Famous-delivery Only
Frisch's Big Boy

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
590-0392-0163
Land Assessment
$16,737
Improvements Assessment
$0
Total Assessment
$16,737
  • Listing ID: 38084478

  • Date on Market: 10/15/2025

  • Last Updated:

  • Address: 10797 Hamilton Ave, Cincinnati, OH 45231

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