Dollar General-Anchored Retail Center
Dollar General-Anchored Retail Center | 8.00% CAP | 10,595 SF
Marketing description
TREK Investment Group is pleased to exclusively offer for sale the Dollar General-Anchored Retail Center located at 9030 Looney Rd. in Piqua. This two-tenant retail property presents investors with the opportunity to acquire a stabilized retail asset featuring national-credit tenancy alongside meaningful value-add potential through the lease-up of the remaining vacant suite.
Anchored by Dollar General, the property benefits from consistent daily-needs traffic and serves as a key retail destination for the surrounding community. The existing Dollar General lease provides stable in-place income while offering investors the ability to increase NOI and enhance long-term asset value through the repositioning and occupancy of the vacant space.
Strategically positioned within the Piqua trade area, the property serves nearby residential communities with limited competing retail inventory, creating a strong opportunity for future tenant demand. The center also offers convenient access and visibility along Looney Rd., allowing for strong exposure to local traffic and continued relevance within the surrounding rural/suburban retail corridor.
Investment highlights
- Dollar General-Anchored Retail Center - National credit tenant Dollar General drives consistent foot traffic and serves as a daily-needs destination for the surrounding community.
- Value-Add Opportunity - One vacant suite provides immediate lease-up potential, allowing investors to increase NOI and enhance overall asset value.
- Stable In-Place Income - Existing lease with Dollar General offers a reliable income stream while upside remains in backfilling the vacant space.
- Strategic Rural/Suburban Location - Positioned in the Piqua trade area, serving as a key retail hub for nearby residential communities with limited competing retail inventory.
- Accessibility & Visibility - Convenient access from Looney Rd with strong visibility for local traffic.
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