$1,535,000
$1,550,000
1.0%For more information regarding the value of a property, please contact us for a free consultation.
1.79 Acres Lot
SOLD DATE : 05/03/2022
Key Details
Sold Price $1,535,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 222002919
Sold Date 05/03/22
Originating Board Columbus and Central Ohio Regional MLS
Year Built 2016
Annual Tax Amount $9,994
Lot Size 1.790 Acres
Lot Dimensions 1.79
Property Description
Absolute NNN Lease Dollar General w/ 9.8 years remaining of 15-year lease (Lease Expiration 11/30/2031). Current lease includes 3 option periods with 10% increase at the end of the current lease term. All operating costs paid by Corporate backed Tenant: Insurance, Parking Lot Maintenance, Property Taxes, Roof and Structure, & HVAC. Annual Rental Income of $85,248 with little to no management required by Landlord. Zanesville is situated 52 Miles from Columbus, OH, the most populous city in the state & the 14th-most populous City in the United States. The store location features an attractive 5 Mile radius population & healthy traffic counts. As of January 2021, Dollar General has 17,000+ stores in 46 states and over 164,000 Employees.
Location
State OH
County Muskingum
Area 1.79
Rooms
Dining Room No
Interior
Equipment No
Others
Tax ID 17-82-02-39-003
Acceptable Financing Conventional
Listing Terms Conventional
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