Available Properties
Dollar General – Springfield, OH
- Springfield, OH
Listing Broker
Corbin Montpas
- corbin@amcreis.com
- (586) 200-0041
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Property Details
- Sale Price:
- Cap rate:
- Term Remaining:
- Lease Type:
- Lease Guarantee:
- 8%
- 3.8 Year
- Absolute NNN
- Corporate Guarantee
Highlights
- 📚 Education Hub: Located in the Springfield City School District, home to 14 schools and 7,000+ students, with Wittenberg University (1,300 students) and Clark State College (5,300 students) just 2 miles away.
- 🏥 Healthcare Powerhouse: Only 2 miles from Mercy Health Springfield Regional Medical Center, a 234-bed facility serving as the region’s premier healthcare anchor.
- ✈️ Innovation Next Door: Just 5 miles from the National Advanced Air Mobility Center of Excellence, a $9 million state-of-the-art research hub putting Springfield at the forefront of aviation technology.
- 🌐 National Brand Powerhouse: Surrounded by a dynamic mix of nationally recognized tenants — from retail giants like Meijer, Kroger, Lowe’s, Home Depot, and Walmart, to lifestyle and service leaders including Planet Fitness, Texas Roadhouse, Take 5 Oil Change, and many more — creating a high-traffic, all-in-one destination
- 🚗 Unmatched Accessibility: Strategically positioned between I-70 (59,000 vehicles/day), Route 68 (20,000+ vehicles/day), and Limestone St (14,000+ vehicles/day) — delivering prime visibility and nonstop traffic flow.
- 🌆 Strategic Regional Positioning: Ideally located between two powerhouse markets — the Dayton MSA (814,000+ population, ~25 miles away) and the Columbus MSA (2.2 million+ population, ~45 miles away) — unlocking access to millions of consumers within a short drive.
- 🏙 Downtown & Residential Redevelopment Downtown Revival: A $32 million renovation of the historic Wren Building is set to deliver 72 modern apartments and up to 5,000 sq ft of retail/office space by early 2026—bringing new life, residents, and commerce to Springfield’s urban core. Melody Parks Master Development: On the city’s edge, the 400-acre Melody Parks community is underway, with plans for 1,200 new single- and multi-family homes, plus mixed-use amenities. Infrastructure was completed in 2024, with construction now progressing rapidly. Subdivision Momentum: Springfield currently boasts 39 active subdivisions with 361 homes under development or move-in ready. Home prices range from $219,990 to $799,900 (avg. ~$338K), offering options for first-time buyers through upscale households.
- 🏪 Investment Security: 2014 Build-to-Suit Dollar General on a NNN lease (no landlord responsibilities), corporate guaranteed with strong credit rating (BBB), and 4+ years remaining — delivering stable, passive income.
Sale Description
AMC Real Estate Investment Services is pleased to offer for sale this corporately guaranteed Dollar General in Springfield, Ohio. Built in 2014 as a Dollar General build-to-suit, this NNN-leased asset offers approximately 4.1 years of remaining term with zero landlord responsibilities, backed by Dollar General’s investment-grade credit (S&P: BBB). Priced at $1,187,500 with an attractive 8.00% cap rate, the property delivers stable income in a diverse and growing market.
Strategically located along S. Yellow Springs Street with exposure to over 7,600 vehicles per day, the site benefits from proximity to Interstate 70 (59,000 VPD) and is surrounded by national retailers, healthcare anchors, and educational institutions. Springfield is home to Mercy Health Springfield Regional Medical Center, Wittenberg University, Clark State College, and the newly opened $9 million National Advanced Air Mobility Center of Excellence — positioning the city as a regional hub for healthcare, education, and next-generation aviation.
Location
Demographics
| Radius from site | population | average income |
|---|---|---|
|
3 Mile |
48,583 |
$59,617 |
|
5 Mile |
80,089 |
$65,159 |
|
10 Mile |
121,835 |
$76,229 |
