Dollar General
Single-Tenant Offerings
Dollar General
8734 N. Highway 421
Napoleon (West of Cincinnati, OH), IN
- Price:
- $1,631,000
- Cap Rate:
- 5.90%
- NOI:
- $96,253
- Rentable SQFT:
- 10,640 SF
- Year Built:
- 2022
- Lot Size:
- 1.55 +/- Acres
- Status:
- Under Contract
Investment Highlights
- 15-Year Absolute NNN Lease with No Landlord Responsibilities
- Brand New Construction, Larger Format with Expanded Produce/Cooler Space
- 10% Increases Every 5 Years Beginning in Each Option Period
- Investment Grade Credit Tenant (Rated ‘BBB’ by S&P), Largest Retailer in the U.S. with 18,000+ Stores
- Classified Nationally as an Essential Business for Daily Shopping Needs
- Strategic Location in Underserved Retail Trade Area, Nearest Dollar Store Competitor is Over 10 Miles Away
- Serving Over 28,000 Residents in Ripley County, Average Household Income Exceeds $70,000 within 3 and 5 Miles
- East of Brown County State Park, Morgan–Monroe State Forest, and Yellowwood State Forest Attracting Millions of Visitors/Year
- Close Proximity to Versailles State Park with 225,000 Visitors Annually and Big Oaks National Wildlife Refuge on 50,000 Acres, the Largest Wildlife Refuge in Indiana
- 45 Miles to Cincinnati/Northern Kentucky International Airport
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