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Dollar General Portfolio 18 Retail Properties Offered at $13,763,571 in Multiple Locations

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INVESTMENT HIGHLIGHTS

  • Proven Absolute NNN Lease Corp. Leases (Fee) by Dollar General (NYSE: DG) Fixed Rent Bumps
  • Below Market Rents across Portfolio - Long Term Upside Potential Redevelopment Opportunities
  • Zero Landlord Duties - Depreciable Assets – Proven Track Record Dominate the Retail Trade Area
  • Geographically Diversified Investment Grade Portfolio across Ohio/W. Virginia Staggered Lease Terms
  • Strong Investment Grade Guarantee - Huge Growth in U.S. Ranked #111 on Fortune 500 List (2024)
  • Iconic American Brand - Best in Class Retailer - “Country’s Largest Small-Box Discount Retailer”

EXECUTIVE SUMMARY

The Snyder Carlton National Net Lease Team is pleased to offer to investors an opportunity to acquire a portfolio of 18 Dollar Generals across Ohio and West Virginia. Ideal for an opportunistic investor, the triple net leases have staggered expiration dates with lease terms ranging from 5.2 years to month-to-month with an average of 4.4 years. Most locations benefit from multiple option periods with rent increases every five years. This is a rare opportunity to secure a portfolio of discount stores within close proximity to each other with long-term growth potential and strong site fundamentals.

PROPERTY FACTS

Price $13,763,571
Price / SF $93.32 / SF
Cap Rate 7.07%
Sale Type Investment
Status Active
Number of Properties 18
Individually For Sale 0
Total Building Size 147,488 SF
Total Land Area 15.24 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
5626 State Route 6, Andover, OH 44003 Retail 8,125 SF 2004 -
1016 E State St, Athens, OH 45701 Retail 8,468 SF 2002 -
8980 United Ln, Athens, OH 45701 Retail 8,000 SF 2015 -
747 Wooster Rd N, Barberton, OH 44203 Retail 8,250 SF 2003 -
115 Citizens Pky, Bluffton, OH 45817 Retail 8,125 SF 2004 -
3626 Cleveland Rd, Canton, OH 44707 Retail 8,190 SF 2004 -
3881 Columbus Rd, Centerburg, OH 43011 Retail 8,125 SF 2004 -
120 N Plum St, East Canton, OH 44730 Retail 8,316 SF 2003 -
223 E Kiracofe Ave, Elida, OH 45807 Retail 8,125 SF 2004 -
477 Oberlin Rd, Elyria, OH 44035 Retail 8,125 SF 2003 -
125 E Main St, Orwell, OH 44076 Retail 8,125 SF 2004 -
1622 Cleveland Rd, Sandusky, OH 44870 Retail 8,125 SF 2003 -
10891 W Main St, South Webster, OH 45682 Retail 8,000 SF 2003 -
555 South St SE, Warren, OH 44483 Retail 9,014 SF 2004 -
707 W Emmitt Ave, Waverly, OH 45690 Retail 8,000 SF 2008 -
1345 1st St, Moundsville, WV 26041 Retail 8,125 SF 2004 -
835 7th St, Parkersburg, WV 26101 Retail 8,125 SF 2004 -
3274 Winfield Rd, Winfield, WV 25213 Retail 8,125 SF 2004 -
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  • Listing ID: 33479552

  • Date on Market: 10/10/2024

  • Last Updated:

  • Address: Dollar General Portfolio, Bluffton, OH

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