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2501 S Arlington Rd 10,640 SF Retail Building Akron, OH 44319 $1,700,400 ($159.81/SF) 6.75% Cap Rate
Investment Highlights
- Corporately guaranteed by Dollar General Corp with investment-grade BBB credit rating (S&P)
- Constructed in 2016; ±10,640 SF modern prototype on ±1.32-acre lot
- 5-mile population of 142,445 with 3-mile avg household income of $85,777
- Absolute NNN lease — tenant pays 100% of taxes, insurance, and maintenance
- 10% rent escalations at each of four 5-year renewal options
- Located along I-77 corridor with ±123,894 vehicles per day
Executive Summary
Matt Wallace
Matthews Real Estate Investment Services, Inc
BRKP.2024002419, REC.2022007141 (OH)
950 Main Ave., Suite 510, Cleveland, OH 44113 (866) 889-0550
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
Dollar General began in 1939 as J.L. Turner and Son Wholesale Company, a dry-goods business started by J.L. Turner and Cal Turner Sr., and the first Dollar General store opened in the mid-1950s. The company operates a discount retail model through Dollar General, DG Market, DGX, and pOpshelf formats, serving customers with food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, seasonal décor, private brands, and national labels. Dollar General supports online shopping and positions itself around affordable everyday goods and community-focused services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 51-10942 | Improvements Assessment | $595,928 |
| Land Assessment | $39,176 | Total Assessment | $635,104 |
Property Taxes
Presented by
2501 S Arlington Rd
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