Listed by Keller Williams Greater Columbus Realty
$1,179,000
3822 Springfield Xenia Road
Details
APN 000600007000076
Property Type Land, Mixed Use
Sub Type Commercial, Storefront
Square Footage 10,860
Units 1
Cap Rate 7.45%
NOI $87,889
Lease Type NNN
Price per SqFt $109
Buildings 1
Acreage 6.120
Land | 6.12 acres
Marketing 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.
Listing Contacts
Listed by Keller Williams Greater Columbus Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$87,889.00
$7,324.08/mo
Valuation Metrics
0
DSCR
7.45%
Cap Rate
7.45%
ROI
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