3822 Springfield Xenia Road, Springfield, OH 45506

$1,179,000

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List Price
$1,179,000
Year Built
1997
MLS#
226004086
Status
ACTIVE
Acres
6.12
Township
Springfield

Property Description

This 10,860 sq ft Dollar General sits on 6.12 acres of commercial land and delivers a strong 7.45% cap rate with 6 years remaining on the initial lease term. National credit tenant, pays $87,889.08 annually on a NN lease, with four renewal options featuring 10% rent increases--providing built-in income growth and long-term stability. Backed by a proven retailer, predictable cash flow, and valuable excess land, this is a clean, reliable investment that performs well on paper and even better in practice. Landlord responsibilities are the exterior and parking lot.

Listing Courtesy of : Martha D Hunley ---- Keller Williams Greater Cols

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