Discount
Dollar General | Upgraded Brick Construction | Ranked Top 92% For Site Visits Nationwide-Placer.AI
3170 E 91st St, Cleveland, OH 44104
Listing Price: $1,471,000
Cap Rate
6.75%
Tenant Name
Dollar General
Years Remaining On Lease
8.7
Guarantor
Corporate Guarantee
Rentable SF
9,002
Lease Type
Absolute Net
Rent Per Square Feet
$11.03
Investment Overview
We're pleased to bring to market the offering for Dollar General in Cleveland, OH.
Investment Highlights
- Dollar General Location Build-to-Suit in 2019 | Upgraded Brick Construction | 9,002-SF on a +/-1.78-AC Parcel
- 8.5 Years Remaining On the Original Absolute Net Lease with 10% Rental Increases in Each of Four, 5-Year Option Terms | Corporately Guaranteed Lease
- No Landlord Responsibilities | Tenant Responsible for Insurance, Taxes, Interior, Exterior, Including Roof, HVAC & Parking Lot | 29 Parking Spaces With Fully Lit Parking Lot & Easy Pedestrian Access
- Ranked In The 92nd Percentile Nationwide for Dollar General Site Visits According to Placer.AI | Year-Over-Year Visits Have Increased 44.7% Since 2023
- Located On a Hard Corner With Easy Access From Both Traffic Directions | Boasts High Visibility Along Kinsman Road/US-422 Going Directly into Downtown Cleveland, With 15,100+ Vehicles Per Day
- Adjacent to a Dense Residential and Industrial Hub Near the I-490/I-77 Interchange | Near Multiple National Tenants Such as McDonald's, Shell, Aldi, Fifth Third Bank, Rally's, Little Caesar's and More
- 3 Miles From Cleveland Clinic Main Campus With 1,300 Beds, The Largest Hospital in Ohio and Case Western Reserve University With 12,400+ Students
- 5 Miles From Downtown Cleveland and 6 Miles From Cleveland Lakefront Nature Preserve and Boat Ramps | Population Exceeds 121,800 Within a 3-Mile Radius and Daytime Population Of Over 485,300 Within 5-Miles
Exclusively Listed By
Financing By
Discount
Dollar General | Upgraded Brick Construction | Ranked Top 92% For Site Visits Nationwide-Placer.AI
Listing Price: $1,471,000
Cap Rate
6.75%
Tenant Name
Dollar General
Years Remaining On Lease
8.7
Guarantor
Corporate Guarantee
Rentable SF
9,002
Lease Type
Absolute Net
Rent Per Square Feet
$11.03
Investment Highlights
- Dollar General Location Build-to-Suit in 2019 | Upgraded Brick Construction | 9,002-SF on a +/-1.78-AC Parcel
- 8.5 Years Remaining On the Original Absolute Net Lease with 10% Rental Increases in Each of Four, 5-Year Option Terms | Corporately Guaranteed Lease
- No Landlord Responsibilities | Tenant Responsible for Insurance, Taxes, Interior, Exterior, Including Roof, HVAC & Parking Lot | 29 Parking Spaces With Fully Lit Parking Lot & Easy Pedestrian Access
- Ranked In The 92nd Percentile Nationwide for Dollar General Site Visits According to Placer.AI | Year-Over-Year Visits Have Increased 44.7% Since 2023
- Located On a Hard Corner With Easy Access From Both Traffic Directions | Boasts High Visibility Along Kinsman Road/US-422 Going Directly into Downtown Cleveland, With 15,100+ Vehicles Per Day
- Adjacent to a Dense Residential and Industrial Hub Near the I-490/I-77 Interchange | Near Multiple National Tenants Such as McDonald's, Shell, Aldi, Fifth Third Bank, Rally's, Little Caesar's and More
- 3 Miles From Cleveland Clinic Main Campus With 1,300 Beds, The Largest Hospital in Ohio and Case Western Reserve University With 12,400+ Students
- 5 Miles From Downtown Cleveland and 6 Miles From Cleveland Lakefront Nature Preserve and Boat Ramps | Population Exceeds 121,800 Within a 3-Mile Radius and Daytime Population Of Over 485,300 Within 5-Miles
Investment Overview
We're pleased to bring to market the offering for Dollar General in Cleveland, OH.
Exclusively Listed By
Financing By