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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



Investment Highlights
- Investment Grade Anchor
- Minimal Landlord Responsibilties
- Strong Demographics
- Upside Potential
- Strategic Retail Location
Executive Summary
Property Facts
Amenities
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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.
Dollar General is a national discount retailer operating multiple neighborhood-scale stores throughout New Port Richey, Florida. The Massachusetts Avenue location serves surrounding residential neighborhoods with a broad assortment of everyday necessities at low price points. The store offers groceries, snacks, health and beauty products, cleaning supplies, basic apparel, paper goods, seasonal items, and private-label merchandise.
State Farm is a major U.S.-based insurance and financial services provider founded in 1922. The company operates as a mutual organization, offering a wide range of products including auto, home, renters, life, and business insurance, as well as banking and investment services. State Farm is recognized for its extensive network of agents and customer-focused approach, serving millions of policyholders nationwide. The company also provides financial planning and retirement solutions, complementing its core insurance offerings. Headquartered in Bloomington, Illinois, State Farm maintains a strong presence across the United States through local offices and licensed agents.
Wingstop started in 1994 in Garland, Texas, when Antonio Swad created a wing-focused restaurant concept. The company began franchising in 1997, expanding its presence nationally. Wingstop's menu features classic and boneless wings, plus tenders and sandwiches in various flavors. The chain has grown substantially over the years through franchising and now has a significant global footprint. Wingstop continues to develop new products while maintaining its core chicken wing offerings.
| 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 | - | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 644-25-009 | Improvements Assessment | $308,315 |
| Land Assessment | $24,570 | Total Assessment | $332,885 |
Property Taxes
Presented by
Dollar General & Wing Stop | 22530 Lake Shore Blvd
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