Dollar General Market | Sandusky MSA 980 Kilbourne st Local commercial 988 m² À vendre Bellevue, OH 44811 1 754 134 € (1 774,56 €/m²) Taux de capitalisation 6,70 %

For sale to qualified investors is the fee simple interest in the brand-new, corporately guaranteed, Dollar General Market in Bellevue, Ohio. The true-NNN lease is corporately guaranteed by Dollar General Corporation, the largest “dollar store” concept in the United States with annual revenue over $38 Billion, and is signed by Dolgen Midwest LLC, a major operating subsidiary of the guarantor. The lease features an initial term of 15 years and is hands-off to the landlord. Dollar General is responsible for all maintenance, repairs, and replacements throughout the term of the lease. Built-in base rental increases of 5% begin in year 6 and continue every 5 years throughout the initial term and options, adding a hedge against inflation. In year 6, the cap rate jumps to over 7%, providing an exceptional return for a credit-rated, hands-off asset. The property is located in Bellevue, Ohio, which has over 8,000 residents, making it one of the larger residential markets where Dollar General does business. This offers the investor a rare ability to acquire a brand new Dollar General serving over 8,000 local residents along with a 15 year firm credit-rated guaranty.