Dollar General- Alger-OH

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. The larger store size is indicative of higher sales figures and healthier operating margins
Strong Corporate Guaranty: From Dollar General Corporation, a Fortune 500 company, boasting a BBB credit rating (S&P) and a $28 billion market cap
There are over 20,301 residents living within a 10-mile radius with an average household income over $95,669
Ohio Northern University — Located just 8 miles north in Ada, the school has over 2,500 students enrolled and provides consistent student, faculty, and visitor traffic along the SR-235 corridor.
Regional Population Hub – Hardin County draws a regional population of over 820,000 residents within a 45-minute drive, positioning the county as a centralized hub within northwest Ohio.

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