756 Ashland RdMansfield, OH 44905

This exceptional investment opportunity presents a fee-simple ownership of a Dollar General store located at 756 Ashland Rd, Mansfield, OH 44905. The 19,840 square foot building, constructed in 1967 and renovated in 2013, sits on a 5.14-acre lot and features 12,525 square feet of net rentable space. Currently operating under a triple-net (NNN) lease with Dollar General (NYSE: DG), a credit-rated, publicly traded corporation, the property boasts a 9.50% cap rate and a strong NOI of $91,388. The lease, commenced April 14, 2013, has a remaining term of approximately 3.4 years, with two 5-year options at a 10% rent increase per option period. The first option was exercised in 2023, demonstrating the tenant's commitment. The property is zoned commercial and enjoys 100% occupancy. This is a single-tenant, single-story building in a prime location, serving a substantial population within a 5-mile radius (66,771 residents). The current rent is $8.16 per square foot, reflecting a healthy return on investment. This is a rare opportunity to acquire a stable, high-performing retail asset with a nationally recognized tenant.