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3822 Springfield Xenia Road

Springfield, OH 45506
  • $1,179,000
  • STATUS: Active
  • ON SITE: 59 Days
  • MLS #: 226004086
UPDATED: 20 min ago
$1,179,000
  • 0
    BEDS
  • 6.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1997
County:
Area:

School Ratings & Info

Description

This 10,860 sq ft Dollar General sits on 6.12 acres of commercial land and delivers a strong 7.45% cap rate with 6 years remaining on the initial lease term. National credit tenant, pays $87,889.08 annually on a NNN lease, with four renewal options featuring 10% rent increases—providing built-in income growth and long-term stability. Backed by a proven retailer, predictable cash flow, and valuable excess land, this is a clean, reliable investment that performs well on paper and even better in practice.

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© 2026 Columbus Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or LifePoint Real Estate | Cutler Real Estate. Data last updated: 2026-04-13T19:51:56.64.
www.lpohio.com/homes/173003920
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3822 Springfield Xenia Road Springfield, OH 45506

  • Price: $1,179,000
  • Status: Active
  • On Site: 59 Days
  • Updated: 20 min ago
  • MLS #: 226004086
0
Beds
0
Baths
0
½ Baths
6.12
Acres
1997
Built
County:
Clark
Area:
Springfield
Property Description
This 10,860 sq ft Dollar General sits on 6.12 acres of commercial land and delivers a strong 7.45% cap rate with 6 years remaining on the initial lease term. National credit tenant, pays $87,889.08 annually on a NNN lease, with four renewal options featuring 10% rent increases—providing built-in income growth and long-term stability. Backed by a proven retailer, predictable cash flow, and valuable excess land, this is a clean, reliable investment that performs well on paper and even better in practice.
Interior Features

Building Area Total 10860 Building Area Total1 10860 Gas Heat Yes Heating Forced Air

Property Features

Auction Online Bidding No Electric [] Listing Terms USDA LoanOtherConventional Owner Pays [] Property Sub Type Retail Sewer Private Sewer Special Listing Conditions Standard Utilities Water AvailableSewer AvailableElectricity Available Water Source Well Zoning Description Commercial

Listing provided courtesy of Martha Hunley of Keller Williams Greater Cols: 614-944-5900.


© 2026 Columbus Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or LifePoint Real Estate | Cutler Real Estate. Data last updated: 2026-04-13T19:51:56.64.
 
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LifePoint Real Estate | Cutler Real Estate
168 South State St.
Westerville OH, 43081