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137 West Main Street
Hebron, OH 43025
Asking Price
$1.32M
Cap Rate
7.5%
Asset Type
Convenience Store Retail
Class
Class B
What's Special
2016 Construction | NNN Lease | Columbus, OH MSA <p>DOLLAR GENERAL LOCATION: 2016 Build to Suit for Dollar General. 9,100-SF on a 0.99 acre lot.</p><p></p><p>NNN LEASE: 5.5 years remaining on the original NNN lease with Three, 5-year renewal options and 10% rental increases in each option. No landlord responsibilities.</p><p></p><p>CORPORATE GUARANTEE: Lease is corporately guaranteed by Dollar General.</p><p></p><p>FEE SIMPLE OWNERSHIP: Provides the buyer with the highest form of real estate ownership and absolute control over the asset.</p><p
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NOI
$80,000
Cap Rate
6.06%
DSCR
1.02
Tight
Cash-on-Cash
0.40%
Monthly Payment
$6,535.587
Annual Cash Flow
$1,572.953
