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16526 Thompson Rd
Thompson, OH 44086
Dollar General - Thompson, OH · Retail Property For Sale
PROPERTY FACTS
ABOUT 16526 THOMPSON RD , THOMPSON, OH 44086
Brand New Absolute NNN Dollar General! Fortis Net Lease is pleased to present this 7,489 SF Dollar General store located in Thompson, OH. The property is encumbered with a Fifteen (15) Year Absolute NNN Lease, leaving zero landlord responsibilities. The lease contains Three(5) Yr. Options to renew, each with a 10% rental rate increase. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of BBB , which is classified as Investment Grade.The rent is scheduled to commence on 12/15/2016. This Dollar General will be highly visible and is strategically positioned in Thompson,OH. The ten mile population from the site exceeds 75,500 while the three mile average household income exceeds $57,500 per year, making this location ideal for a Dollar General. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a passive investor to attain the fee simple ownership of a 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 6.85% cap rate based on NOI of $87,362. Ohio Broker of Record. Michael J Fennessy | Dietz Commercial. #2013001375
PROPERTY TAXES
| Parcel Number | 30-062500 | Improvements Assessment | $24,990 |
| Land Assessment | $19,990 | Total Assessment | $44,980 |
PROPERTY TAXES
