425 E Coshocton St
Johnstown, OH 43031
Dollar General · Retail Property For Sale

Marcus and Millichap is pleased to present Dollar General in Johnstown, Ohio. Located just 10 miles outside of the Columbus MSA (population 2,000,000+), this community benefits from the economic activity and traffic produced by a major metro area. Johnstown has seen tremendous growth since 2000, increasing in population by 140%, and now serving as home to nearly 5,000 residents. Built in 2008, the property is a 9,100 square foot building that is 100 percent occupied by Dollar General. The property as direct access to US Highway 62, carrying over 11,000 vehicles per day. Highway 62 is a major traffic artery going into downtown Columbus, as well as a direct route to the Columbus International Airport. Dollar General is being offered at a 7.35 percent cap rate and a rent of $6.59 per square foot. Dollar General currently has 8.5 years remaining on their lease. Dollar General has operated at this location for nearly 10 years. This operating history and recent lease extension, combined with their last reported sales of $1.77 million, are clear evidence of Dollar General' s success and shows their continued commitment to this location. Broker of Record: Michael Glass, Marcus & Millichap REIS of Ohio, License: BRK.2007005898