Sold – Dollar General in Portsmouth, OH | $447,000

Sold – Dollar General in Portsmouth, OH | $447,000

Congratulations to Austin Longwell for closing 1510 Gallia St, a Dollar General in Portsmouth, OH!

This property sold for $447,000

1510 Gallia St previously operated as a pharmacy prior to Dollar General occupying in 1998. The building consists of 8,030 rentable square feet. This investment is being offered at $470,550, which represents a 10 percent capitalization rate. Dollar General has recently executed their option leaving 4 years remaining on a modified gross lease, which allows for minimal landlord responsibilities. The site is conveniently located near several neighborhoods, Shawnee State University, Portsmouth High School, & Portsmouth Middle-Elementary School, and benefits from minimal area competition.

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