3633 Dixie Hwy, Middletown, OH 45005

9,014 SF | Retail Building | Middletown, OH 45005 | $992,275 ($110/SF) | 7.25% Cap Rate

Asking Price $992,275

Property Type: Retail
Square Feet: 9,014 SF
Price / Square Foot: $110

Listing Contacts

Chad Kurz

Verified Profile

Kevin Puder

Verified Profile

Property Info

Property Overview

Broker of Record
Kyle Matthews
License No. REC.2022007141 (OH)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
950 Main Ave.,
Suite 510, Cleveland, OH 44113

Property Details

Class: B
Year Built: 2006
Stories: 1
Property Subtype: Freestanding
Lot Size (sq. ft): 79,715 SF

Highlights

Dollar General has been operating at this location since 2005, and has extended their lease multiple times proving the concept and need for its goods
Currently there is a fresh 4.5 years of term remaining with 2 additional 5 year renewals and rental increases.
Dollar General continues to prove it’s resiliency, both in booming and economic downturns, including the COVID 19 pandemic.
This “Essential” discount retailer boasts an investment grade credit rating of BBB (S&P) with now over 20,000 locations and plans to continue growing
This impressive $31 Billion company has also reported same store sales growth for 31 consecutive years through 2020, and again in 2022 and 2023
This densely located (near 100,000 in a 5 mile radius) site is just off of I-75, the North/South artery between Cincinnati and Dayton, OH

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