3822 Springfield Xenia Road, Springfield, OH 45506 (MLS# 226004086)

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: 4/17/2026

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: April - 17 - 2026

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