Retail – Discount / GroceryGibsonburg, OHCode AMC-5824

Dollar General – Gibsonburg, OH

620 N Main St, Gibsonburg, OH 43431

Asking price

$842,469

Cap rate: 8.75%
NOI: $73,716
Price / SF: $93/SF

Estimate financing

Property details

Tenant: Dollar General
Property type: Retail – Discount / Grocery
Lease type: NN+
Lease guarantee: Credit Rated, Corporate Guarantee
Term remaining: 4.1 yrs
Building size: 9,100 SF
Price per SF: $93/SF
Listing code: AMC-5824
Views: 1

Investment highlights

20+ years of occupancy, with Dollar General operating here since 2005
New five-year lease extension, giving the new owner a fresh term
Only grocery store serving the town of Gibsonburg, OH
2025 store remodel
Recently replaced HVAC units
NN lease with minimal landlord expenses
Dollar General's preferred 9,100 SF footprint
Investment-grade tenant (NYSE: DG, S&P: BBB) with 20,603 locations
±21 miles from Toledo and ±32 miles from Sandusky
Average annual household incomes exceed $102K in a 5-mile radius
Package opportunity with a second Dollar General in Swanton, OH

Sale description

AMC Real Estate Investment Services is pleased to offer for sale this Dollar General at 620 N Main St in Gibsonburg, Ohio. Dollar General has occupied the property since 2005 and is extending its lease for an additional five years, giving a new owner a fresh term. The store was remodeled in 2025 and had new HVAC units installed within the past two years, and the lease is structured as NN, keeping landlord expenses minimal. As the only grocery store serving the town, it is an essential part of daily life in Gibsonburg. The property is ±21 miles from Toledo and ±32 miles from Sandusky, and it is offered at $893,527, an 8.25% cap rate. It can also be purchased as a package with another Dollar General in Swanton, OH, near the Toledo MSA. This is a stable, passive investment well suited to 1031 exchange buyers.

Published Sep 29, 2026. Information is provided by AMC REIS from sources believed reliable; buyers should verify all figures in the offering memorandum.

Location

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620 N Main St, Gibsonburg, OH 43431

Pin placed from the listed street address. Site boundaries and conditions are described in the offering memorandum.

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Demographics

Population and average household income by radius from the site, as marketed.

Radius from site	Population	Average income
3 Mile	3,614	$91.7k
5 Mile	7,848	$102.6k
10 Mile	29,826	$91.9k

Listing brokers

Listing broker
Angelo Iacobelli
Managing Partner
(586) 200-0044 angelo@amcreis.com
BB
Broker of record
Brian Brockman
Bang Realty, Inc
BRK.2009000214 bor@bangrealty.com

Investment calculator

Model the deal with your own down payment, rate and amortization. NOI, debt service, cash-on-cash return and DSCR update instantly.

Your scenario

Purchase price

USD

Pre-filled from the asking price; adjust to model an offer.

Cap rate

NOI = price × cap rate · marketed NOI $73,716

Down payment$294,864 equity

All-cash at 100%Loan $547,605 · LTV 65%

Interest rate

% / yr

Amortization

years

Estimated returns

Equity: $294,864
Loan: $547,605

Net operating income (annual): $73,716
Monthly debt payment: $3,783
Annual debt service: $45,402
Cash flow after debt service: $28,314
Cash-on-cash return: 9.6%
Debt service coverage (DSCR): 1.62×
Price per SF: $93/SF

Discuss financing with an advisor

Estimates for Dollar General – Gibsonburg, OH only; not an offer of financing. Lender terms, closing costs, reserves and taxes vary. NNN leases shift operating expenses to the tenant, so NOI is modelled as price × cap rate.