2
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$1,179,000
Est. payment /mo
10,860 SqFt
Active
3822 Springfield Xenia Road Springfield, OH 45506
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 10,860 sqft
Price per Sqft $108
MLS Listing ID 226004086
Year Built 1997
Lot Size 6.120 Acres
Lot Dimensions 6.12
Property Sub-Type Retail
Source Columbus and Central Ohio Regional MLS
Property 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.
Location
State OH
County Clark
Area 6.12
Zoning Commercial
Rooms
Other Rooms None
Dining Room No
Interior
Heating Forced Air
Equipment No
Laundry No Laundry Rooms
Others
Tax ID 3000600007000076
Acceptable Financing USDA Loan, Other, Conventional
Listing Terms USDA Loan, Other, Conventional
Listed by Martha D Hunley Keller Williams Greater Cols
NEARBY SCHOOLS & PROPERTIES
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