Schuchert Retail Group is pleased to exclusively present for sale the 9,398 SF Dollar General located at 850 E Main St, Smithville, OH 44677
OH License #BRK.2009000214
Investment highlights
DOLLAR GENERAL CORPORATE LEASE:
• 8.5 Ye
Investment Highlights
- ✅ BBB Investment-Grade Credit — Dollar General maintains strong credit providing institutional quality and 70-75% LTV financing.
- ✅ 8.5-Year Lease Security — Lease through 2034 provides long-term cash flow with minimal landlord duties.
- ✅ $94,943 Annual NOI (7.0% Cap) — Property delivers $7,912 monthly mailbox money creating truly passive income.
- ✅ Smithville, OH Market — Ohio manufacturing supports retail traffic.
- ✅ Dollar General Brand Strength — Proven recession-resistant business model with long-term real estate commitment.
Property Details
| Metric |
Value |
| Price |
$1,356,329 |
| Cap Rate |
7.0% |
| Annual NOI |
$94,943 |
| Monthly Income |
$7,912 |
| Lease Remaining |
8.5 years |
| Tenant |
Dollar General (BBB) |
| Lease Type |
Absolute NNN |
| Location |
Smithville, OH |
Why Dollar General NNN Properties?
Dollar General triple net properties offer institutional-quality real estate with proven fundamentals including strong BBB credit rating providing major lender support at 70-75% LTV, absolute NNN lease structure creating true passive mailbox money, recession-resistant business model proven through economic cycles, and purpose-built locations with long-term value retention.
Smithville, OH Market Analysis
Ohio manufacturing supports retail traffic. The Smithville market provides strong demographics, accessible retail corridors, and consumer demand supporting long-term Dollar General performance and NNN lease stability.
Absolute NNN Lease Structure
This property features absolute triple net lease where tenant pays all property taxes, insurance, maintenance, repairs, and utilities. Investor responsibility limited to mortgage payment (if financed) and collecting rent checks — truly passive income.
1031 Exchange Benefits
This Dollar General NNN property qualifies as like-kind replacement for 1031 exchange investors seeking to defer capital gains tax, simplify from active to passive real estate, eliminate landlord responsibilities, preserve wealth through institutional quality, and generate predictable income through 8.5-year lease term.
Financing Available
Dollar General’s BBB credit provides excellent financing options including 70-75% LTV from major banks, competitive interest rates, 25-30 year amortization, and non-recourse options for qualified borrowers.
Contact American Net Lease
We represent buyers only — your interests come first. Specializing in Dollar General NNN acquisitions nationwide.
📞 Call: 239.236.2626
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