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3822 Springfield-Xenia Rd
Springfield, OH 45506 Springfield

$1,098,700 USD

Storefront For Sale  •  10,860 SF

Property Details

  • Property Type Storefront
  • Total Building Size 10,860 SF
  • Lot Size 6.12 AC
  • Building Class B
  • Year Built 1997
  • Cap Rate 8.00 %
  • Tenancy Single
  • Zoning I1
10 Walk Score

Highlights

SINGLE TENANT DOLLAR GENERAL LOCATION: 10,860-SF on a large 1.68 acre lot.
TRIPLE NET LEASE: 6 years remaining on a 10 year NNN lease with four, 5-year renewal options and 10% rental increases in each option.
CORPORATE GUARANTEE: Lease is guaranteed by Dollar General, with over 20,000 locations across 48 states.
FEE SIMPLE OWNERSHIP: Provides the buyer with the highest form of real estate ownership and absolute control over the asset.
HIGH VISIBILITY LOCATION: Located along Springfield Xenia Road with high visibility and lighted pylon sign. Easy access from both traffic directions.
HIGH TRAFFIC CORRIDOR: Located just off of Interstate 70 seeing 55,800 VPD, a major east-west highway connecting Dayton to Columbus & on to Pittsburgh

Property Flyers

Cap Rate: 8.00 %

Public Transportation

AirportDriveWalkDistance
James M Cox Dayton International 32 min - 25.6 mi
Dante Moretti 614-595-1674 Marcus & Millichap
Dante Moretti 614-595-1674 Marcus & Millichap