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Dollar General & Wing Stop 22530 Lake Shore Blvd 11,494 SF 100% Leased Retail Building Euclid, OH 44123 $1,494,220 ($130/SF) 6.03% Cap Rate

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Investment Highlights

  • Investment Grade Anchor
  • Minimal Landlord Responsibilties
  • Strong Demographics
  • Upside Potential
  • Strategic Retail Location

Executive Summary

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the Dollar General Center located at 22530 Lake Shore Boulevard in Euclid, Ohio (the “Property”). The Property consists of an 11,394 square-foot building on 0.40 acres of land. The retail plaza is 100% occupied and is home to four (4) tenants including Dollar General, Wingstop, State Farm Insurance, and Acceptance Insurance. Dollar General has a long operating history at this Property, and the other three tenants are all nationally recognized brands. All four tenants contribute to reimbursements for operating expenses at the Property including real estate taxes, insurance, and common area maintenance. The Property is prominently situated along Lake Shore Boulevard, one of Euclid’s primary retail and commuter corridors, offering strong visibility, frontage, and convenient access. The Dollar General Center is directly adjacent to and shares access and parking with Shore Center Plaza, anchored by Aldi and Burlington, creating synergy with a well-established neighborhood retail hub. The surrounding area features a mix of residential neighborhoods and service-oriented businesses, supporting consistent customer activity. The location is further enhanced by proximity to Interstate 90, U.S. Route 6, and State Route 2, providing seamless access to downtown Cleveland, nearby suburbs, and the broader Northeast Ohio market.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
11,494 SF
Building Class
C
Year Built/Renovated
1947/1960
Price
$1,494,220
Price Per SF
$130
Cap Rate
6.03%
NOI
$90,162
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.66
Lot Size
0.40 AC
Zoning
Commercial
Frontage
74’ on Lakeshore Blvd

Amenities

  • Pylon Sign
  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Finance and Insurance
  • -
  • $16.96
  • Double Net
  • Oct 2022

Acceptance Insurance is a proud member of Confie, the largest personal lines agency in the U.S. They believe in investing in the communities they serve by offering affordable insurance solutions so their customers can have peace of mind. Their agents and team members uphold values, which include promoting excellence, responsibility and caring. Acceptance has been in business since 1969. They offer their services so they come to their clients to help find the solutions needed, regardless of background and driving record. They offer easy solutions to meet unique needs.

  • Retailer
  • -
  • $6.81
  • Triple Net
  • Aug 2027

DG is proud to be America’s neighborhood general store. They strive to make shopping hassle-free and affordable with convenient, easy-to-shop stores all across the states. DG's stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands. From serving their customers with value and convenience and their employees with career opportunities to serving the communities they call home through literacy and education, Dollar General has been committed to its mission of Serving Others since the company’s founding in 1939.

  • Finance and Insurance
  • -
  • $16.59
  • Triple Net
  • Apr 2022

The State Farm® mission is to help people manage the risks of everyday life, recover from the unexpected and realize their dreams. Their vision for the future is to be the customer's first and best choice in the products and services they provide. They will continue to be the leader in the insurance industry and they will become a leader in the financial services arena. Their customers' needs will determine their path. Their values will guide them. They are people who make it their business to be like a good neighbor; who built a premier Company by selling and keeping promises through their marketing partnership; who bring diverse talents and experiences to their work of serving the State Farm customer. Their success is built on a foundation of shared values — quality service and relationships, integrity and financial strength. Their company mission is to help people manage the risks of everyday life, recover from the unexpected, and realize their dreams.

  • Accommodation and Food Services
  • -
  • -
  • -
  • -

Wingstop is a publicly traded restaurant franchisor and operator known for its cooked-to-order chicken wings and hand-cut fries. Founded in 1994 in Garland, Texas, the company developed a menu centered on chicken wings prepared in a variety of sauces and seasonings. Wingstop’s business model is based on a mix of franchised and company-owned restaurants across domestic and international markets. The organization relocated its corporate headquarters to 2801 North Central Expressway in Dallas, where its administrative, leadership, and investor-relations functions are based. Wingstop began trading publicly in 2015 and continues to expand its geographic footprint through franchise development. The company remains incorporated in Delaware and operates as a NASDAQ-listed restaurant brand. Its corporate activities include brand management, operational support for franchise partners, and oversight of systemwide performance.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Finance and Insurance - $16.96 Double Net Oct 2022
Retailer - $6.81 Triple Net Aug 2027
Finance and Insurance - $16.59 Triple Net Apr 2022
Accommodation and Food Services - - - -
Walk Score®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Jazzercise
PNC Bank
Bank of America
KeyBank
Rent-A-Center
Dollar Bank
Marc's
Chase Bank
Citizens Bank

Property Taxes

Property Taxes

Parcel Number
644-25-009
Land Assessment
$24,570
Improvements Assessment
$308,315
Total Assessment
$332,885
  • Listing ID: 39384630

  • Date on Market: 2/10/2026

  • Last Updated:

  • Address: 22530 Lake Shore Blvd, Euclid, OH 44123

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