Available Properties
Dollar General – Gibsonburg, OH
- 620 N Main St, Gibsonburg, OH 43431
Listing Broker
Angelo Iacobelli
- angelo@amcreis.com
- (586) 200-0044
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Property Details
- Sale Price:
- Cap rate:
- Term Remaining:
- Lease Type:
- Lease Guarantee:
- $893,527
- 8.25%
- 4.1 Years
- NN+
- Credit Rated, Corporate Guarantee
Highlights
- 20+ years of occupancy, with Dollar General operating here since 2005
- New five-year lease extension, giving the new owner a fresh term
- Only grocery store serving the town of Gibsonburg, OH
- 2025 store remodel
- Recently replaced HVAC units
- NN lease with minimal landlord expenses
- Dollar General's preferred 9,100 SF footprint
- Investment-grade tenant (NYSE: DG, S&P: BBB) with 20,603 locations
- ±21 miles from Toledo and ±32 miles from Sandusky
- Average annual household incomes exceed $102K in a 5-mile radius
- Package opportunity with a second Dollar General in Swanton, OH
Sale Description
AMC Real Estate Investment Services is pleased to offer for sale this Dollar General at 620 N Main St in Gibsonburg, Ohio. Dollar General has occupied the property since 2005 and is extending its lease for an additional five years, giving a new owner a fresh term. The store was remodeled in 2025 and had new HVAC units installed within the past two years, and the lease is structured as NN, keeping landlord expenses minimal. As the only grocery store serving the town, it is an essential part of daily life in Gibsonburg. The property is ±21 miles from Toledo and ±32 miles from Sandusky, and it is offered at $893,527, an 8.25% cap rate. It can also be purchased as a package with another Dollar General in Swanton, OH, near the Toledo MSA. This is a stable, passive investment well suited to 1031 exchange buyers.
Location
Demographics
| Radius from site | population | average income |
|---|---|---|
|
3 Mile |
3,614 |
$91.7k |
|
5 Mile |
7,848 |
$102.6k |
|
10 Mile |
29,826 |
$91.9k |
