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Former Dollar General 16015 Lake Shore Blvd 7,636 SF Retail Building Cleveland, OH 44110 $899,000 ($117.73/SF) 11.57% Cap Rate
INVESTMENT HIGHLIGHTS
- Vacant Dollar General Paying Rent with 6.5 Years Remaining in Cleveland, OH
- Easy Access to I-90, Ride-Share and Public Transportation | I-90 Major Highway Through Cleveland
- Neighboring Retailers Include KFC, Plasma Center, Georgio’s Oven Fresh Pizza, Family Dollar, Auto Zone, Boost Mobile, Memorial Nottingham Branch
- Easy-to-Lease 7,636 SF with QSR/Daily Needs or E-Commerce-Proof Tenant
- AHHI of $43,732 Within 2-Miles | $49,979 Within 3-Miles |$54,313 Within 5-Miles
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
7,636 SF
Building Class
B
Year Built
2016
Price
$899,000
Price Per SF
$117.73
Cap Rate
11.57%
NOI
$104,014
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.01 AC
Zoning
LR - Local Retail Business District
Frontage
210’ on Lake Shore Blvd
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 113-01-020 | Improvements Assessment | $241,780 |
| Land Assessment | $77,000 | Total Assessment | $318,780 |
PROPERTY TAXES
Parcel Number
113-01-020
Land Assessment
$77,000
Improvements Assessment
$241,780
Total Assessment
$318,780
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Former Dollar General | 16015 Lake Shore Blvd
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