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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

Property Type
Retail
Property Subtype
Freestanding
Building Size
8,416 SF
Building Class
C
Year Built
2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.44 AC
Zoning
C
Parking
30 Spaces (3.2 Spaces per 1,000 SF Leased)
Frontage
153 FT on North Broadway Street

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.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 06-31-00-0002-00
  • 33-60-00-0002-00
Land Assessment
$40,920
Improvements Assessment
$168,880
Total Assessment
$209,800
  • Listing ID: 12059554

  • Date on Market: 3/27/2018

  • Last Updated:

  • Address: 453 N Broadway St, Green Springs, OH 44836

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