3822 Springfield Xenia Road
Springfield, OH 45506
$1,179,000
2 Total Photos [Click to View All]
Listing Details
- $1,179,000
- MLS# 226004086
- Type Commercial - Retail
- Status Active
Home Value Estimate
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 NNN 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.
Features
- Forced Air
- Built in 1997
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Listed By
Agency Name: Keller Williams Greater Cols
Agency Phone: 614-944-5900
Agent Name: Martha D Hunley
Shown By
Agency Title: Old Colony, REALTORS®
Agency Contact: Contact
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