38 E Holtzmuller Rd - Freestanding FOR SALE


West Manchester, OH 45382
$1,030,503 USD
424-261-7308
38 E Holtzmuller Rd, West Manchester, OH for Sale
$1,030,503 USD
Freestanding - FOR SALE
1/3
null | 7.75% Cap Rate

38 E Holtzmuller Rd
West Manchester, OH 45382


HIGHLIGHTS

  • Investment grade tenant and corporate guarantee from Dollar General Corp. (S&P:BBB), a Fortune 500 Company (NYSE:DG)
  • Absolute NNN lease with zero landlord responsibilities
  • ±9.8 years of lease term remaining, providing an investor with long-term security and an additional three, 5 year options with 10% rent increases
  • Limited local competition
  • Attractive return providing an above average market yield
  • E-commerce and recession resistant tenant

OVERVIEW

Broker of Record Matt Wallace License No. REC.2022007141 (OH) (866) 889-0550 Matthews Real Estate Investment Services, Inc 950 Main Ave., Suite 510, Cleveland, OH 44113

FOR SALE DETAILS

PRICE

$1,030,503 USD

PRICE/SF

$114 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,628 SF

ZONING

500

APN/PARCEL ID

I29-0022-0-0-10-000-1000

ASK ABOUT THIS PROPERTY

Brett BeersMatthews Real Estate Investment ServicesMore Info
424-261-7308

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Brett BeersMatthews Real Estate Investment ServicesMore Info
424-261-7308

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.