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7050 OH-235
Alger, OH 45812

$1,925,214 USD

General Retail For Sale  •  10,640 SF

Property Details

  • Property Type General Retail
  • Total Building Size 10,640 SF
  • Year Built 2026
  • Cap Rate 6.75 %
10 Walk Score

Highlights

List price of $1,925,214 yielding an attractive 6.75% cap rate
Brand new 15-year lease with 5.00% rental increases every 5 years and Five, 5-Year Options
2026 built-to-suit construction for Dollar General with estimated delivery June 2026
Absolute NNN Lease with zero landlord responsibilities, ideal for investors seeking a passive stream of cash flow
±10,640 square foot building is developed to the tenant's current specifications, offering ample space for consumable products
Strong Corporate Guaranty: From Dollar General Corporation, a Fortune 500 company, boasting a BBB credit rating (S&P) and a $28 billion market cap
Cap Rate: 6.75 %

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Surface
Included in Rent: Yes
Edward Desimone 732-832-5414 Matthews Real Estate Investment Services
Edward Desimone 732-832-5414 Matthews Real Estate Investment Services