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Dollar General NN Lease Property Dollar Store Ohio

Dollar General | Millersburg, OH
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Investment Offering

Tenant: Dollar General | Millersburg, OH
Premises: 7,172 SF
Renewal Options: 2 x 3 Years

Lease Expiration: 11/30/2022
Lease Type: NN
Rental Increases: None


Sands Investment Group is Pleased To Exclusively Offer For Sale the 7,172 SF Dollar General NN Lease Investment Opportunity Located Directly on S Washington Street in Millersburg, Ohio. This Opportunity Includes a Corporate Guarantee From Dollar General (NYSE:DG): BBB Credit Rating With Approximately 2 Years Remaining on Its Lease. Dollar General Has Been in Place Since 1992 Showing Commitment at This Location and Has Two 3 Year Option Terms That Extend Past Its Original Lease Term, Providing For a Great Investment.

  • Corporate Guarantee From Dollar General (NYSE:DG): BBB Credit Rating
  • 2 x 3 Year Renewals Remaining on Current Lease
  • Minimal Landlord Responsibilities
  • As of February 1, 2021, Dollar General Operates Over 17,147 Stores in 46 States With Plans to Execute 2,600 New Real Estate Projects
  • Dollar General Has Been Operating on This Site Since 1992 – Showing Commitment to Location
  • Located Along Highway 62 Which Sees 11,956 VPD
  • A Positive Population Growth is Predicted For the Surrounding 3-Mile Radius By 2025
  • Highly Visible and Accessible – Large Signage and Ingress/Egress
  • Just 4 Minutes to Pomerene Hospital – One Of the Largest Employers in Holmes County With More Than 325 Employees and 80 Physicians Including 55 Licensed Beds
  • Historic Downtown Millersburg Resides in the Heart of Amish Country and Serves as the County Seat of Holmes County Which Contains the Largest Amish Concentration in the World
  • Over 32,489 People Live Within a 10-Mile Radius Making an Average Household of $76,870
  • Nearby Tenants Include: Napa Auto Parts, AutoZone, Holiday Inn Express, Comfort Inn, Goodwill, Dairy Queen, McDonald’s, Tractor Supply Co., Taco Bell, Pizza Hut, Walmart Supercenter and More

In Cooperation With ParaSell, Inc., A Licensed Ohio Broker
Lic. # REC.2020005946 BoR: Scott Reid – Lic. # BRKP.2020001224

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Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities

Tenant Overview

Dollar General Corporation (NYSE: DG) was founded in 1939 and has been delivering value to shoppers for over 75 years. Dollar General helps shoppers Save time. Save money. Every day! by offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares and seasonal items at low everyday prices in convenient neighborhood locations. In addition to high quality private brands, Dollar General sells products from America’s most-trusted brands such as Clorox, Energizer, Procter & Gamble, Hanes, Coca-Cola, Mars, Unilever, Nestle, Kimberly-Clark, Kellogg’s, General Mills, and PepsiCo. As of February 1, 2021, Dollar General Corporation operated 17,147 stores in 46 states in the United States. For fiscal 2019, Dollar General executed approximately 2,600 real estate projects comprised of 1000 new stores, 1,500 store remodels and 80 store relocations. For the 52-week fiscal year ending January 29, 2021 (“fiscal year 2020”), the company plans to execute nearly 2,600 real estate projects, including 1,000 new store openings, 1,500 mature store remodels, and 80 store relocations. The company continues to expect capital expenditures in the range of $775 million to $825 million.

Area Overview

Dollar General | Millersburg, OH

759 S Washington Street - Millersburg, OH 44654

Contact Broker for Details

Status: Sold

Dollar General | Millersburg, OH

Clifton McCrory

540.255.5496
clifton@SIGnnn.com

Scott Reid

949.942.6585
scott@parasellinc.com

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$8 BILLION IN SALES

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Our Intentions

We believe in giving back. There’s a big world outside of the real estate bubble and we know that with success comes responsibility.

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