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29765251
29765252

9884 Cadiz Rd, Cambridge, OH 43725

BB
MI 6501319610
Fortis Net Lease
Listed by Fortis Net Lease
$2,161,956
131 days on market
Updated 18 days ago

Cambridge OH Dollar General | Brand New & Just Opened

Details
Property Type Retail
Sub Type Dollar, Dollar General (+1)
Square Footage 10,640
Net Rentable (SqFt) 10,640
Units 31
Cap Rate 6.75%
NOI $145,932
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 02/28/2041
Remaining Term 14.7
Rent Bumps Yes
Lease Options Five (5 Year)
Price per SqFt $203
Broker Co-Op Yes
Year Built 2026
Buildings 1
Stories 1
Acreage 2.410
Zoning Commercial
Parking Spaces 31 spaces
Parking Per SqFt 2.91
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 02/15/2026
Ground Lease No
Ownership Fee Simple

5% Rental Rate Increases Every 5 Years!

Marketing description

Fortis Net Lease is pleased to present this 2026 BTS 10,640 SF. Dollar General Plus store located in Cambridge, Ohio. The property is secured with a 15 year Absolute NNN Lease leaving zero landlord responsibilities. The lease contains 5% rental rate increases every 5 years including at each of the 5 (5 year) options to renew. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The store has completed construction and successfully opened for business in February 2026.

This Dollar General is highly visible as it is strategically positioned on Cadiz Road (Highway 22) seeing 5,303 cars per day, just off the I-77 exit seeing 21,832 cars per day. The 10 mile population from the site is 31,178 and the 3 mile average household income is $61,515 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 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 6.75% cap rate based on NOI of $145,932.

Investment highlights

  • Brand New 15 Year Absolute NNN Lease
  • Zero Landlord Responsibilities
  • 2026 BTS Plus Size Construction
  • 5% Rental Rate Increases Every 5 Years!
  • 5 (5 Year) Options | 5% Increases At Each Option
  • 3 Mile Household Income $61,515
  • 10 Mile Population 31,178
  • 5,303 Cars Per Day on Cadiz Road | Just off I-77 (21,832 ADTC)
  • Investment Grade Dollar Store With "BBB" Credit Rating
  • Dollar General Corporate Guaranty

Listing Contacts

BB
MI 6501319610
Fortis Net Lease
Listed by Fortis Net Lease

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$145,932.00
$12,161.00/mo

Valuation Metrics

0
DSCR
6.75%
Cap Rate
6.75%
ROI

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Additional Information

Name
Michael J Fennessy
License
Dietz Commercial
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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