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Dollar General Market | Columbus, OH MSA 26929 OH-159 10,640 SF Retail Building Circleville, OH 43113 $2,216,000 ($208.27/SF) 6.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Corporate-guaranteed 15-year NNN lease with Dollar General
  • Located in affluent Circleville with $107K avg household income
  • Zero landlord responsibilities across all lease terms
  • 5% rent increases every 5 years through lease and options
  • Positioned within Columbus MSA, Ohio’s largest metro
  • DG Market format includes fresh grocery offerings

EXECUTIVE SUMMARY

2025 NEW CONSTRUCTION DOLLAR GENERAL MARKET ON A 2.68 ACRE SITE
• 10,640 SF upgraded construction Dollar General Market located in Circleville, OH.
• DG Market is a combo store with fresh produce, milk, meats, and other groceries added to Dollar General’s usual mix of low-price general merchandise.
• This Dollar General is open, and rent commenced in August of 2025.
15 YEAR CORPORATE NNN LEASE WITH INCREASES IN INITIAL TERM & OPTIONS
• This property features a 15-year corporate guaranteed NNN lease with Dollar General with 5% rent increases every 5 years.
• Tenant is 100% responsible for all expenses, including parking lot, taxes, insurance, roof, and structure.
• There are 5% rent increases in the initial lease term and in each of the five, 5-year option periods.
INVESTMENT GRADE TENANT (S&P: BBB) WITH 21,000 LOCATIONS
• Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment-grade credit rating of BBB.
• The company currently operates over 21,000 locations and plans to open 575 new stores in US & 15 in Mexico.
• Dollar General has been in business for 86 years and has a current net worth exceeding $18.16 billion.
AFFLUENT MARKET WITH 5 MI HHI OF $107,787
• This Dollar General is located in an affluent market with an average household income of $107,787, which is higher than most Dollar Generals.
COLUMBUS, OH MSA | LARGEST MSA IN OHIO
• Columbus is the state capital and the most populous city in the state of Ohio with a metropolitan area of over 2 million people.
• The city has a diverse economy based on education, government, insurance, banking, defense, aviation, food, clothes, logistics, steel, energy, medical research, health care, hospitality, retail, and technology.
• As of 2025, the Greater Columbus area is home to the headquarters of six corporations in the U.S. Fortune 500: Cardinal Health, American Electric Power, Bath & Body Works, Nationwide, Bread Financial, and Huntington Bancshares.
• Columbus is the home of two public colleges: Ohio State University (61,443 students), one of the largest college campuses in the United States, and Columbus State Community College (27,621 students).
• Home to John Glenn Columbus International Airport that supports nearly 9.2 million passengers per year.
• According to the Federal Reserve Bank of St Louis, the GDP of Columbus in 2024 was $182 billion.
CIRCLEVILLE, OH | COUNTY SEAT OF PICKAWAY COUNTY
• Circleville is located 30 miles south of Columbus and serves as the county seat of Pickaway County. It is part of the Columbus MSA.
• Circleville has a strong industrial and healthcare base with major employers including DuPont (500+ employees), Sofidel America (700+ employees), OhioHealth Berger Hospital (240+ employees), and large distribution centers for Amazon (1,500+ employees) and Bath & Body Works (2,000+ employees).
• Home to Ohio Christian University (1,500 students) and Pickaway-Ross Career & Technical Center, which provides workforce training in healthcare, technology, and skilled trades.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
10,640 SF
Building Class
B
Year Built
2025
Price
$2,216,000
Price Per SF
$208.27
Cap Rate
6.50%
NOI
$143,976
Tenancy
Single
Building Height
1 Story
Parking
48 Spaces (4.51 Spaces per 1,000 SF Leased)
Frontage
703’ on Ohio 159

AMENITIES

  • Corner Lot
  • Pylon Sign
  • Signage
  • Wheelchair Accessible
  • Listing ID: 37905851

  • Date on Market: 10/1/2025

  • Last Updated:

  • Address: 26929 OH-159, Circleville, OH 43113

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