Property History
Property Type
Property Type
Marketing Description
Fortis Net Lease is pleased to present this 9100 SF. Dollar General store located in Middletwon, Ohio. The property is encumbered with a Fifteen (15) Year Absolute NNN Lease, leaving zero landlord responsibilities. The lease contains 4 (5) Yr. Options to renew, each with a 10% rental rate increase. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The store is currently open, with rent having commenced in February 2018.
This Dollar General is highly visible as it is strategically positioned on the signalized corner of Yankee Road and Oxford State Road which sees 6,061 cars per day. The five mile population from the site is 89,145 while the one mile average household income is $42,543 per year, making this location ideal for a Dollar General. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of a Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store. List price reflects a 6.55% cap rate based on NOI of $104,967.96.
Investment Highlights
- Absolute NNN 15 Year Lease | Zero Landlord Responsibilities
- 4 (5 Year) Options | 10% Rental Increase At Each Option
- One Mile Household Income $42,543
- Five Mile Population 89,145
- Situated on Hard Signalized Corner seeing 6,061 Cars Per Day on Oxford State Road
- Investment Grade Dollar Store with "BBB" Credit Rating
- Dollar General Reported 29 Consecutive Quarter of Same Store Sales Growth
- 5 Miles From Start Skydiving Attracting Many Locals & Tourists
- 6 Miles From Miami Valley Gambling Casino
- 5.6 Miles from Middletown High School Which Has Over 1,500 Students
Loan History
Financial History
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Ownership Information
Zoning
B-1 CommercialNeighborhood CommercialNeighborhood Business District
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View all 88 uses Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics
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