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7050 Ohio 235
Alger, OH 45812
Asking Price
Contact for price
Asset Type
Convenience Store Retail
Class
Class B
What's Special
New Construction | 15 Years | Absolute NNN <p><span style="color: rgba(6, 34, 57, 1)">● Offered at $1,925,214, this investment delivers an attractive 6.75% cap rate, providing investors with stable and predictable income backed by a nationally recognized tenant.</span></p><p></p><p><span style="color: rgba(6, 34, 57, 1)">● Long-Term Lease Security- The property is secured by a brand-new 15-year lease with Dollar General, featuring 5.00% rental increases every five years. In addition, the lease includes five (5) separate 5-year renewal op
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
