Dollar General 403 Jack Roush Way 10,088 SF 4-Star Retail Building Manchester, OH 45144 $847,000 ($83.96/SF) 8.15% Cap Rate

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a freestanding Dollar General investment property located at 403 Jack Roush Way in Manchester, Ohio (the “Property”). Dollar General has been at this location since 2015; in 2020 Dollar general preemptively (4.5 years early) extended their double net lease demonstrating their commitment to this location and market. Dollar General has 3+ years of term remaining and is followed by five, 5-year renewal options. The lease features 10% rent increases at the start of each renewal option.
The Property is strategically positioned at 403 Jack Roush Way in Manchester, Ohio, benefiting from excellent accessibility and visibility just off US Route 52, the region's primary east-west transportation corridor that parallels the Ohio River and connects the community to Portsmouth, Cincinnati, and numerous population centers throughout southern Ohio. As one of the area's few nationally branded retailers, Dollar General occupies a highly desirable location serving Manchester and the surrounding rural communities of Adams County, where retail competition is limited and residents often travel significant distances for everyday shopping needs. The Property draws from a broad trade area supported by a diverse economic base that includes agriculture, manufacturing, healthcare, education, energy production, and tourism. Its proximity to the Ohio River, local schools, healthcare facilities, and government offices further enhances customer traffic throughout the day.
Additionally, the Property benefits from its location near the Ohio-Kentucky border, allowing it to capture demand from both Ohio and northern Kentucky residents. The combination of strong roadway access, limited retail supply, a loyal customer base, and Dollar General's position as a convenient provider of essential goods creates a compelling long-term retail location with characteristics that are difficult to replicate within the surrounding market.