3822 Springfield Xenia Road, Springfield, OH 45506
$1,179,000
Property Type:
Commercial
Square Footage:
10,860
Lot Size (sq. ft.):
266,587
Status:
Active
Current Price:
$1,179,000
List Date:
2/12/2026
Last Modified:
2/12/2026
Overview
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.
Listing Details MLS# 226004086
Location Property Info
- Original List Price
- 1179000
- Property Sub Type
- Retail
- Street #
- 3822
- Street Name
- Springfield Xenia
- Street Suffix
- Road
- County
- Clark
- State
- OH
- Zip Code
- 45506
- Township
- Springfield
OfficeContract Info
- MLS Entry Date
- 2026-02-12
General Property Info
- Total SqFt Available
- 6.12
- Bldg Sq Ft
- 10860
- Max Cont Sqft Avail
- 10860
- Year Built
- 1997
- Acreage
- 6.12
- Minimum Sqft Avail
- 0
- # of Docks
- 0
Tax Info
- Parcel #
- 3000600007000076
- Zoning
- Commercial
- Tax Abatement
- No
Auction Info
- Auction/Online Bidding Y/N
- No
Location & Property Info
- List Price/SqFt
- 192647.06
- City (Mailing Addr)
- Springfield
- Corp LimitPerAuditor
- None
More Information
Office/Contract Info
- For Sale
- Yes
- Exchange
- No
- For Lease
- No
- Lease Rate $/Sq Ft
- 0
Remarks & Misc
- 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.
Income/Expenses
- Gross Income
- 0
- Net Operating Income
- 87889.08
- Total Expenses
- 0
Addl Acceptance Cond
- None Known
- Yes
T Reimburses L
- Curr Yr Est $/SF TRL
- 0
Heat Fuel
- Gas
- Yes
Water Source
- Well
- Yes
Sewer
- Private Sewer
- Yes
Services Available
- Electricity Available
- Yes
- Sewer Available
- Yes
- Water Available
- Yes
Heat Type
- Forced Air
- Yes
New Financing
- Conventional
- Yes
- USDA Loan
- Yes
- Other
- Yes
Business Type
- Retail
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
Property Features
Addl Acceptance Cond:
None Known
Heat Fuel:
Gas
Heat Type:
Forced Air
Water Source:
Well
Sewer:
Private Sewer
Services Available:
Electricity Available; Sewer Available; Water Available
Business Type:
Retail
New Financing:
Conventional; USDA Loan; Other
MLS Primary PhotoSrc:
Realtor Provided
Listing Office:
Keller Williams Greater Cols
Listing Agent:
Martha D Hunley
Last Updated: February - 12 - 2026
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