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Dollar General 36741 OH-7 9,100 SF Retail Building Pomeroy, OH 45769 $1,326,000 ($145.71/SF) 7.15% Cap Rate
Investment Highlights
- DOLLAR GENERAL LOCATION: 2021 Build to Suit for Dollar General. 9,100-SF on a large 2.60 acre lot
- CORPORATE GUARANTEE: Lease is corporately guaranteed by Dollar General
- LOCAL TRAFFIC CORRIDOR: High visibility along OH-7, seeing 4,400+ vehicles per day (VPD)
- NNN LEASE: 10.2 years remaining on the original NNN lease with Three, 5-year renewal options and 10% rental increases in each option.
- FEE SIMPLE OWNERSHIP: Provides the buyer with the highest form of real estate ownership and absolute control over the asset.
- COUNTY SEAT LOCATION: Pomeroy is the county seat of Meigs county, along the OH/WV border. Meigs County boasts a Cost of Living Index of 88.6
Executive Summary
2021 Construction | NNN Lease | Large 2.6 Acre Lot
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
C
Year Built
2021
Price
$1,326,000
Price Per SF
$145.71
Cap Rate
7.15%
NOI
$94,816
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
2.60 AC
Zoning
C
Parking
25 Spaces (2.74 Spaces per 1,000 SF Leased)
Frontage
140’ on Ohio 7
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 0300721000 | Improvements Assessment | $255,060 |
| Land Assessment | $7,260 | Total Assessment | $262,320 |
Property Taxes
Parcel Number
0300721000
Land Assessment
$7,260
Improvements Assessment
$255,060
Total Assessment
$262,320
Contacts
-
Darpan Patel -
Dante Moretti -
Dan Yozwiak -
Sam Elyassaki -
Peter Sibicky -
Paige Bucheit -
Marcus & Millichap
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Videos
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Photos
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Map
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Dollar General | 36741 OH-7
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