3822 Springfield Xenia Road, Springfield, OH 45506
New Listing
$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
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.
Supplements: ********
More Information MLS# 226004086
Location & Property Info
List Price/SqFt: 192647.06
City (Mailing Addr): Springfield
Corp LimitPerAuditor: None
Office/Contract Info
For Sale: Yes
Exchange: No
For Lease: No
Lease Rate $/Sq Ft: 0
General Property Info
Total SqFt Available: 6.12
Bldg Sq Ft: 10860
Max Cont Sqft Avail: 10860
Minimum Sqft Avail: 0
# of Docks: 0
Year Built: 1997
Acreage: 6.12
Tax Info
Zoning: Commercial
Tax Abatement: No
Parcel #: 3000600007000076
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: 1
T Reimburses L
Curr Yr Est $/SF TRL: 0
Heat Fuel
Gas: 1
Water Source
Well: 1
Sewer
Private Sewer: 1
Services Available
Electricity Available: 1
Sewer Available: 1
Water Available: 1
Heat Type
Forced Air: 1
Auction Info
Auction/Online Bidding Y/N: No
New Financing
Conventional: 1
USDA Loan: 1
Other: 1
Business Type
Retail: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 1179000
List Price: $1,179,000
Property Sub Type: Retail
Street #: 3822
Street Name: Springfield Xenia
Street Suffix: Road
County: Clark
State: OH
Zip Code: 45506
Township: Springfield
OfficeContract Info
Status: Active
MLS Entry Date: 2026-02-12
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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