430 S Union Ave
Alliance, OH 44601

CBRE IS PLEASED TO EXCLUSIVELY PRESENT FOR SALE THIS DOLLAR GENERAL PROPERTY located on S Union Ave in Alliance, Ohio. This is a NN lease with minimal landlord responsibilities or expenses. Dollar General has been operating here since 2003 and has extended its lease twice, showing commitment to and success at this location. There are currently over 4 years remaining in the lease term with two, five year options to renew each with increases. The lease is corporately guaranteed by Dollar General, an investment grade credit tenant rated “BBB” by Standard and Poor’s with over 15,000 stores. The Subject property is nearly 13,000 s/f which is much larger than the average Dollar General building, reducing any possibility that the tenant may need to relocate due to size constraints. The all brick front of the building and pitched roof also create less deferred maintenance. Dollar General is ideally situated at the signalized intersection of S Union Ave and Oxford Street, with excellent access and visibility for over 10,000 vehicles traveling by daily. This is a dense, in town location surrounded by local businesses and residential neighborhoods offering strong foot traffic as well. There are over 11,800 people within 1 mile of the site and over 28,700 people within 3 miles. Dollar General is also situated just 1 mile from Alliance High School with over 875 students enrolled and the University of Mount Union with over 2,250 students enrolled. Nearby major tenants include Burger King, Subway, Walgreens, Rite Aid, Sheetz, Buffalo Wild Wings and McDonald's to name a few. This low price point and higher yield investment property is an easy addition to an existing portfolio or perfect for a first time buyer.