614 Light street
PRICE
BUILDING SIZE
Felicity, OH 45120
$1,135,000
9,026 SF
LOT SIZE
57,630 SF
CAP Rate
NOI
YEAR BUILT
8.01%
$90,026
2019
The Brandon Michaels Group of Marcus & Millichap, as Exclusive Advisor, is pleased to present 614 W Light Street (the “Property”), a 9,026 square-foot, single-tenant retail building net-leased to Dollar General and situated on a 1.32-acre parcel in Felicity, Ohio. The Property is offered at $1,135,000, an 8.01% capitalization rate on in-place net operating income, as a fully stabilized, passive, management-light investment anchored by a national credit retailer.
Backed by the Full Corporate Guaranty of Dollar General Nearly 21,000 Locations and $42.7 Billion in Annual Sales
Felicity is a village in Clermont County, in southwestern Ohio, set within a stable, established rural community within the broader Cincinnati region. The surrounding trade area is characterized by a consistent residential base and the steady, everyday consumer demand that supports a convenience-and-value retail format.
Dollar General Corporation is the largest discount retailer in the United States by number of stores. The company operates a small-box format focused on everyday essentials, including food and consumables, health and wellness products, cleaning and laundry supplies,