Dollar General Listing Details & Market Data

13889 Woodworth Rd., New Springfield, OH 44443

  • For Sale $1,894,400
  • Property Type Retail - Freestanding
  • Property Size 9,100 SF
  • Units 1
  • Lot Size 2.02 Acre
  • Property Tenancy Single Tenant
  • Year Built 2017
  • Date Updated Jan 30, 2024
Coming soonPrime Net Lease is pleased to present this 9,100 SF Dollar General store located in New Springfield, Ohio. The property is encumbered with a 15-year absolute NNN lease, leaving the landlord with no responsibilities. There are currently 8+ years remaining on the current lease with Three, 5-year options left. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The property has excellent visibility with frontage and signage on Woodworth Road (OH-165), more than 6,000 vehicles passing by daily. Nearby uses include Welsh Motors Ford Dealership, Swift Mart, U.S. Postal Service, Goodhope Speedway, and My Wish Weddings Barn. The property also has regional access, just 6 miles from on/off ramps to I-76, Ohio Turnpike, a major thoroughfare providing access northwest to Akron and Cleveland and southeast to Pittsburgh. There are 1,535 people within 3 miles of the site and 6,904 people within 5 miles of the property and the surrounding area is an ideal dollar store market - average household incomes within 1 mile of the site are $65,000 and $78,000 within 3 miles. The subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of a 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.

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Attachments

Highlights

  • LONGER TERM LEASE - Over 8 years remaining on the initial term of the lease, followed by three, 5-year options, each with a 10% rental increases throughout.
  • ZERO LANDLORD RESPONSIBILITIES - Absolute NNN Lease. Ideal for Investors not Local to the Market or looking for a "hands off" investment.
  • MINIMAL COMPETITION - The property is more than 10 miles from the nearest discount store or major grocer, making this a go-to
  • store for local residents and businesses.
  • EXCELLENT VISIBILITY - Frontage and signage on Woodworth Road (OH-165), with more than 6,000 vehicles passing by daily
  • SURROUNDED BY LOCAL TENANTS - Nearby uses include Welsh Motors Ford Dealership, Swift Mart, U.S. Postal Service, Goodhope Speedway, and My Wish Weddings Barn.
  • REGIONAL ACCESS - Just 6 miles from on/off ramps to I-76, Ohio Turnpike, a major thoroughfare providing access northwest to Akron and Cleveland and southeast to Pittsburgh.
  • IDEAL DOLLAR GENERAL MARKET - The surrounding area has household income levels of $65,000 in the 1-Mile Ring and $78,000 in the 3-Mile Ring.
  • NATIONALLY RECOGNIZED TENANT - Dollar General is the largest “Small Box” retailer in the nation. Dollar General has been in business since 1939 with over 18,000+ locations Nationwide. NYSE: DG Investment Grade "BBB" rating.

Contacts

broker

Paul Matusik

Prime Net Lease

(714) 875-2400

Location

Getting Around

  • Walk Score ®

    Car-Dependent (13)
  • Bike Score ®

    Somewhat Bikeable (16)
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  • City New Springfield, OH
  • Neighborhood New Springfield
  • Zip Code 44443
  • Market Youngstown

Points of Interest

  • Sunoco

    1.76 miles

  • Sunoco

    1.85 miles

  • Speedway

    4.27 miles

  • BP

    4.96 miles

  • Shell

    5.23 miles

  • Sheetz

    5.84 miles

  • Automated Fueling

    6.43 miles

  • Shell

    7.47 miles

  • Shell

    7.57 miles

  • GetGo

    7.93 miles

  • Gutknecht Entrance Lot

    6.60 miles

  • Senior Lot

    9.39 miles

  • Faculty Lot

    9.43 miles

  • Junior Lot

    9.45 miles

  • Dairy Queen

    1.73 miles

  • Panera

    1.74 miles

  • Dairy Queen

    1.91 miles

  • Panera

    1.91 miles

  • Mexico City

    3.20 miles

  • Homestead Kitchen & Cocktails

    3.23 miles

  • Pizza Joe

    3.68 miles

  • Dunkin' Donuts

    3.68 miles

  • Arby's

    3.71 miles

  • McDonald's

    4.92 miles

  • Sparkle

    5.00 miles

  • Target

    7.57 miles

  • Kohl's

    7.70 miles

  • Giant Eagle

    7.81 miles

  • Southern Park Mall

    7.83 miles

  • Macy's

    7.85 miles

  • Walmart Supercenter

    7.93 miles

  • JCPenney

    7.93 miles

  • Aldi

    8.11 miles

  • Aldi supermarket

    8.11 miles

Contact Listing Broker

broker

Paul Matusik

Prime Net Lease

(714) 875-2400