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1640 S Yellow Springs St
Springfield, OH 45506
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Just ±5 miles from the National Advanced Air Mobility Center of Excellence, a ±$9 million state-of-the-art research hub
- Located in the Springfield City School District, home to ±14 schools and ±7,000+ students and Clark State College (±5,300 students) just ±2 miles away
- Strategically positioned between I-70 (±59,000 vehicles/day), Route 68 (±20,000+ vehicles/day), and Limestone St (±14,000+ vehicles/day)
- 2014 Build-to-Suit Dollar General on a NNN lease, corporate guaranteed with strong credit rating (BBB), and 4+ years of lease remaining
EXECUTIVE SUMMARY
AMC Real Estate Investment Services is pleased to offer for sale this corporately guaranteed Dollar General in Springfield, Ohio. Built in 2014 as a Dollar General build-to-suit, this NNN-leased asset offers approximately 4.1 years of remaining term with zero landlord responsibilities, backed by Dollar General’s investment-grade credit (S&P: BBB). Priced at $1,187,500 with an attractive 8.00% cap rate, the property delivers stable income in a diverse and growing market.
Strategically located along S. Yellow Springs Street with exposure to over 7,600 vehicles per day, the site benefits from proximity to Interstate 70 (59,000 VPD) and is surrounded by national retailers, healthcare anchors, and educational institutions. Springfield is home to Mercy Health Springfield Regional Medical Center, Wittenberg University, Clark State College, and the newly opened $9 million National Advanced Air Mobility Center of Excellence — positioning the city as a regional hub for healthcare, education, and next-generation aviation.
Strategically located along S. Yellow Springs Street with exposure to over 7,600 vehicles per day, the site benefits from proximity to Interstate 70 (59,000 VPD) and is surrounded by national retailers, healthcare anchors, and educational institutions. Springfield is home to Mercy Health Springfield Regional Medical Center, Wittenberg University, Clark State College, and the newly opened $9 million National Advanced Air Mobility Center of Excellence — positioning the city as a regional hub for healthcare, education, and next-generation aviation.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
9,026 SF
Building Class
C
Year Built
2014
Price
$1,187,500
Price Per SF
$131.56
Cap Rate
8%
NOI
$95,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.12 AC
Zoning
C - Commercial
Frontage
120’ on S Yellow Springs Rd
PROPERTY TAXES
| Parcel Number | 34-00600-00320-4011 | Improvements Assessment | $0 |
| Land Assessment | $13,810 | Total Assessment | $13,810 |
PROPERTY TAXES
Parcel Number
34-00600-00320-4011
Land Assessment
$13,810
Improvements Assessment
$0
Total Assessment
$13,810
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