Discount
Dollar General
1901 Dorr St, Toledo, OH 43607
Listing Price: $2,155,000
Investment Overview
NEW UPGRADED CONSTRUCTION DOLLAR GENERAL • Brand new upgraded construction Dollar General located in Toledo, OH. • This store is scheduled for Delivery in July 2022. 5 MILE POPULATION: 250,358 • The subject property is located in downtown Toledo and has 250,353 people in a 5 mile radius. • This Dollar General is located at the signalized intersection of Dorr St and Upton Ave (Combined 25,413 VPD). • Retailers in the area include Costco Wholesale, The Home Depot, Kroger, Best Buy and more. TOLEDO • Toledo is the 4th most-populous city in OH and 79th-largest city in the U.S. • Toledo is the county seat of Lucas County, OH and a major Midwestern port city. • Toledo has become well known for its industry in auto assembly and glass (hence the nickname “The Glass City”). • Home to the Detroit Tigers’ triple-A professional baseball affiliate, bringing in around 540,000 visitors per year. THE UNIVERSITY OF TOLEDO • The University of Toledo is less than 1 mile away from this Dollar General on Dorr St. (17,450 VPD). • The University of Toledo has 20,381 Students and 1,069 faculty members. • Since its establishment, the university has physically expanded to include more than 100 major buildings with a combined area of more 1,400 acres. • The University of Toledo offers over 250 academic programs and is ranked among the top 100 public universities. NEW 15 YEAR CORPORATE NNN LEASE • Brand new 15-year corporate guaranteed NNN lease with Dollar General. • Tenant is 100% responsible for all expenses including taxes, insurance, CAM, roof and structure. • There are 10% rent increases in each of the Five, 5-year option periods. INVESTMENT GRADE TENANT • Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB. • Currently over 18,200 locations and expanding by 1,000 stores each year. • Dollar General has been in business for 83 years and has a current net worth of over $54.4 billion.
Investment Highlights
- 2022 Upgraded Dollar General | Delivery July 2022
- 5 Mile Pop 250,358
- 1 Mile From University Of Toledo (20,381 Students)
- 15-Year NNN Lease
- Investment Grade Tenant | 18,200 + Locations
Exclusively Listed By
Broker of Record
-
Michael L. Glass
Senior Vice President / Division Manager
Financing By
Listing Price: $2,155,000
Investment Highlights
- 2022 Upgraded Dollar General | Delivery July 2022
- 5 Mile Pop 250,358
- 1 Mile From University Of Toledo (20,381 Students)
- 15-Year NNN Lease
- Investment Grade Tenant | 18,200 + Locations
Investment Overview
NEW UPGRADED CONSTRUCTION DOLLAR GENERAL • Brand new upgraded construction Dollar General located in Toledo, OH. • This store is scheduled for Delivery in July 2022. 5 MILE POPULATION: 250,358 • The subject property is located in downtown Toledo and has 250,353 people in a 5 mile radius. • This Dollar General is located at the signalized intersection of Dorr St and Upton Ave (Combined 25,413 VPD). • Retailers in the area include Costco Wholesale, The Home Depot, Kroger, Best Buy and more. TOLEDO • Toledo is the 4th most-populous city in OH and 79th-largest city in the U.S. • Toledo is the county seat of Lucas County, OH and a major Midwestern port city. • Toledo has become well known for its industry in auto assembly and glass (hence the nickname “The Glass City”). • Home to the Detroit Tigers’ triple-A professional baseball affiliate, bringing in around 540,000 visitors per year. THE UNIVERSITY OF TOLEDO • The University of Toledo is less than 1 mile away from this Dollar General on Dorr St. (17,450 VPD). • The University of Toledo has 20,381 Students and 1,069 faculty members. • Since its establishment, the university has physically expanded to include more than 100 major buildings with a combined area of more 1,400 acres. • The University of Toledo offers over 250 academic programs and is ranked among the top 100 public universities. NEW 15 YEAR CORPORATE NNN LEASE • Brand new 15-year corporate guaranteed NNN lease with Dollar General. • Tenant is 100% responsible for all expenses including taxes, insurance, CAM, roof and structure. • There are 10% rent increases in each of the Five, 5-year option periods. INVESTMENT GRADE TENANT • Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB. • Currently over 18,200 locations and expanding by 1,000 stores each year. • Dollar General has been in business for 83 years and has a current net worth of over $54.4 billion.
Exclusively Listed By
Broker of Record
-
Michael L. Glass
Senior Vice President / Division Manager
Financing By

