2977 OH-132
New Richmond, OH 45157
Retail Property For Sale

Marcus & Millichap is pleased to present the exclusive listing for a Dollar General in Amelia, Ohio. Located near the intersection of OH-132 and Lindale Mount Jolly Road with access and visibility to over 13,900 vehicles per day. The Dollar General consists of a brand new 9,026-square-foot building situated on approximately a 1.33-acre parcel. Dollar General is committed to a 15-year absolute-net lease, expected to commence in October of 2019. The lease comes equipped with three, five-year options with ten percent increases at the start of each option. The initial annual base rent is $102,024. Additionally, tenant will be directly responsible for all operating and capital expenses- leaving landlord with no responsibilities. The property is located near multiple mobile home parks with over 1,300 total units. There are multiple schools located in the area with over 3,280 total students. The local market consists of over 39,000 residents with an average household incomes in excess of $80,000 per year within five (5)-miles. The market has grown by more than 20% since 2000, along with nearly 25% household formation growth.