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- LoopNet Team
453 N Broadway St
Green Springs, OH 44836
Dollar General · Retail Property For Sale
Investment Highlights
- Over 11+ years left on absolute NNN corporate backed lease
- June 2014 new construction with concrete block facade
- Closest Family Dollar is 5.5 miles away
- Four 5-year options with 10% rent bumps at each option
- Closest Dollar General is over 7 miles away
- 28 miles from Cedar Point and Sandusky Bay on Lake Erie
PROPERTY FACTS
About 453 N Broadway St , Green Springs, OH 44836
EXP Realty Advisors exclusively presents the Dollar General located at 453 N Broadway St in Green Springs, OH. The subject is a 9,014-square foot freestanding building. Built in June 2014, the store sits on a 1.44 acre parcel, which is Dollar General's prototypical lot size. Over 11+ years currently remain on the absolute triple net lease that expires June 30, 2029. The lease is corporately guaranteed by Dollar General and has has four 5-year renewal options remaining with 10% rental increases at each renewal. This absolute triple net lease leaves the tenant responsible for roof, structure, parking lot, landscaping and repairs; there are no landlord responsibilities. Positioned roughly 28 miles south of downtown Sandusky and Lake Erie, this parcel is located on N Broadway St/OH-19, the primary north-south thoroughfare through the heart of Green Springs. This location sits less than a quarter mile from Elmwood at the Springs healthcare center and Green Springs Elementary School. The closest Dollar General is over 7 miles away; the closest Family Dollar is 5.5 miles away. Green Springs sits in Sandusky County roughly 45 minutes south of Lake Erie and 50 minutes south of world-famous roller coaster park Cedar Point in Sandusky, OH. Green Springs has a population of roughly 1,300; it experienced 9.7% growth to date in the 2010s and is known for its "Mineral Springs at Green Springs," the largest natural sulfur spring in the world. Elmwood at the Springs, formerly known as St. Francis Health Care Center, is located directly across from the natural springs. In 1983 Elmwood was was designated as one of Ohio's first Long-Term Acute Care Hospitals (LTACH) and continues to be a prominent wellness center in the region for various acute rehabilitation programs.
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PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | $168,880 |
Land Assessment | $40,920 | Total Assessment | $209,800 |
PROPERTY TAXES
- 06-31-00-0002-00
- 33-60-00-0002-00
Learn More About Investing in Retail Properties
Listing ID: 12059554
Date on Market: 3/27/2018
Last Updated:
Address: 453 N Broadway St, Green Springs, OH 44836