For more information on this property, contact Rob Riddle at 614-578-4199 or robr@thomasriddle.com

4125 West Pike
Zanesville, Ohio OH 43701
Sold For: $1,535,000
Listing ID 222002919
Status Closed
Sold Date 4/29/2022
Price/SqFt $164.89
SqFt 9,400
Acres 1.790
Year Built 2016

Property Description:

Absolute NNN Lease Dollar General w/ 9.8 years remaining of 15-year lease (Lease Expiration 11/30/2031). Current lease includes 3 option periods with 10% increase at the end of the current lease term. All operating costs paid by Corporate backed Tenant: Insurance, Parking Lot Maintenance, Property Taxes, Roof and Structure, & HVAC. Annual Rental Income of $85,248 with little to no management required by Landlord. Zanesville is situated 52 Miles from Columbus, OH, the most populous city in the state & the 14th-most populous City in the United States. The store location features an attractive 5 Mile radius population & healthy traffic counts. As of January 2021, Dollar General has 17,000+ stores in 46 states and over 164,000 Employees.
Rob Riddle
Title: Managing Partner
Office Phone: 614-939-8932
Cell Phone: 614-578-4199

Primary Features

County: Muskingum
Price/SqFt: 164.89
Property Sub Type: Retail
Property Type: Commercial
Year Built: 2016

Interior

Building SqFt: 9400
Minimum SqFt Available: 9400
Number Floors Above Ground: 1

External

Location

Between Street (1): Jersey Ridge Rd
Between Street (2): I-70 ALT
Township: Falls

Additional

Construction: Frame, Masonry
Corporate Limit Per Auditor: None
Max Contiguous SqFt Available: 9400
Multiple Parcels/School District: no
Multiple Uses: Retail
Number Units: 1
Occupancy Rate: 100
Parcel Number: 17-82-02-39-003
Previous Use: Retail (DG)
Use Code: 429 - OTHER RETAIL STRUCTURES

Financial

Auction Info: Auction: No
For Lease: No
For Sale: Yes
Lease Rate Price/SqFt: 170.33
New Financing: Conventional
Tax Year: 2020
Taxes (Yearly): 9994
Tenant Contracts Directly: All

Zoning Info


Area Info


© 2022 Columbus Board of REALTORS (CBRMLS).
Information deemed reliable, but not guaranteed.
Listing courtesy of Robert J Riddle, New Albany Realty, LTD.

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