SOLD: 4125 W. Pike St. (Dollar General)

Calibrate Real Estate is excited to announce that Kyle Malnati successfully facilitated the purchase of a NNN-leased property located at 4125 W. Pike, in Zanesville Ohio. This property has a single tenant under a commercial lease with a 6.58% CAP rate for a high return rate and zero management responsibility for the Owner. 

See below for more details on this sale;

Location: Zanesville, Ohio
Addresses: 4125 W. Pike, OH 43701
Sale Date: April 19th, 2019
Sale Price: $1,295,000
Price/SF: $142.31 SF
Lot Size: *2.0 acres
Building Size: 9,100 SF
Lease Type: NNN (13 Years Remaining)
Year Built: 2016
*Buyer to verify accuracy of square footage*

Dollar General: $85,246/Year

– Absolute NNN lease with 13 years remaining 
– Adjacent to large Goodwill Industries Corporate Campus 
– 52 miles from Columbus, OH, the most populous city in the state 
– Dollar General has the same credit rating (BBB) as Walgreens   

Kyle 40 Under 40

Kyle Malnati
303-358-4250 |

Calibrate Real Estate (303) 482-2828
900 E. Louisiana Ave. #203, Denver, CO 80210