• Brand New 2026 Build-to-Suit Construction: This ±10,640 SF building features Dollar General’s latest prototype design, specifically tailored for this location.
• Absolute NNN Lease: The lease offers a truly passive investment with zero landlord responsibilities, as the tenant is responsible for all taxes, insurance, and maintenance.
• Long-Term Lease Security: A fresh 15-year initial lease term provides long-term stability, with an expiration date set for June 30, 2040.
• Scheduled Rent Increases: The lease includes 5% rent increases every five years throughout the initial term and 5% increases in each of the five (5) successive 5-year renewal options.
• Investment Grade Corporate Guaranty: The lease is fully guaranteed by Dollar General Corporation (NYSE: DG), a Fortune 100 company with a BBB credit rating from S&P Global.
• Inflation-Resistant Discount Retailer – Dollar General is well-positioned during periods of consumer budget pressure as shoppers increasingly prioritize value-oriented retailers and everyday essentials.
• Prime Retail Corridor & High Visibility: The site is strategically located on Liberty Avenue (US Route 6), the primary thoroughfare through Vermilion.
• Strong Traffic Counts: The location benefits from significant exposure with approximately 14,891 vehicles per day along Liberty Avenue / US-6.
• Cleveland MSA Location: Strategically positioned in Northeast Ohio, the site offers easy access to Cleveland Hopkins International Airport and the major employment and cultural centers of downtown Cleveland.
• Affluent Cleveland MSA Demographics – Strong surrounding demographics with $100K+ average household income within a 5-mile radius.