6670 US Highway 20A - Storefront FOR SALE


Delta, OH 43515
$909,091 USD
949-200-7903
6670 US Highway 20A, Delta, OH for Sale
$909,091 USD
Storefront - FOR SALE
1/3
null | 8.25% Cap Rate

6670 US Highway 20A
Delta, OH 43515


HIGHLIGHTS

  • The base term currently has eight (8) years remaining after Dollar General commenced a brand-new 10-year lease, demonstrating a strong commitment
  • The property is situated less than 2 miles from Interstate 80, which has an average daily vehicle count of approximately ±24,800 VPD.
  • Delta, OH, is just ±25 miles west of Toledo, OH (population 266,301).
  • Attractive 8.25% return on a stabilized investment grade credit tenant.
  • Dollar General boasts an investment grade credit rating of BBB (S&P).
  • Dollar General has ±21,000 locations and plans to continue their expansion for the foreseeable future.

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

$909,091 USD

PRICE/SF

$85 USD /SF

CAP RATE

8.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

Commercial

APN/PARCEL ID

24-045588-01.000

ASK ABOUT THIS PROPERTY

Meghan CarrollMatthews Real Estate Investment ServicesMore Info
949-200-7903

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Meghan CarrollMatthews Real Estate Investment ServicesMore Info
949-200-7903

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