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7236 State Route 97
Mansfield, OH 44903
Attractive 6.7% Cap Rate | Absolute NNN · Retail Property For Sale

PROPERTY FACTS
ABOUT 7236 STATE ROUTE 97 , MANSFIELD, OH 44903
LEASE & LOCATION HIGHLIGHTS: - Brand new 2018 construction (completed in October) - 15-Year absolute NNN lease; zero management responsibility - Extremely strong corporate guarantee from Dollar General Corporation - Four, 5-year extensions, all of which include a 10% rent increase - Located at the corner of Highway 97 and Woods Drive - 3-mile population of 13,927; 10-mile population of 68,497 - Average household income of more than $100,000 annually TENANT HIGHLIGHTS: - Investment grade credit; S&P rated BBB (which was recently upgraded from the previous rating of BBB-) - Dollar General has more than 15,000 location nationwide and has announced an additional 900 stores for 2019 - The dollar store industry is one of the few retailers that is currently in expansion mode - Dollar General has a market cap of more than $30B
LINKS
PROPERTY TAXES
| Parcel Number | P38-001-00-271-00 | Improvements Assessment | $364,040 |
| Land Assessment | $14,840 | Total Assessment | $378,880 |
PROPERTY TAXES
Listing ID: 14882921
Date on Market: 1/16/2019
Last Updated:
Address: 7236 State Route 97, Mansfield, OH 44903
The Retail Property at 7236 State Route 97, Mansfield, OH 44903 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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