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3170 E 91st St 9,002 SF Retail Building Cleveland, OH 44104 $1,471,000 ($163.41/SF) 6.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Dollar General Location Build-to-Suit in 2019 | Upgraded Brick Construction | 9,002-SF on a +/-1.78-AC Parcel
- No Landlord Responsibilities | Tenant is Responsible for Insurance, Taxes, Interior, Exterior, Including Roof, HVAC and Parking Lot
- 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
- 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
- 29 Parking Spaces With Fully Lit Parking Lot and Easy Pedestrian Access
- Located On a Hard Corner With Easy Access From Both Traffic Directions | Boasts High Visibility Along Kinsman Road/US-422 Going Directly into Downtown
EXECUTIVE SUMMARY
Ranked In The 92nd Percentile Nationwide for Dollar General Site Visits According to Placer.AI
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,002 SF
Building Class
B
Year Built
2019
Price
$1,471,000
Price Per SF
$163.41
Cap Rate
6.75%
NOI
$99,287
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.32 AC
Opportunity Zone
Yes
Zoning
Industrial
Frontage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $215,600 | |
| Land Assessment | $104,755 | Total Assessment | $320,355 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$104,755
Improvements Assessment
$215,600
Total Assessment
$320,355
CONTACTS
-
Paige Bucheit -
Darpan Patel -
Dan Yozwiak -
Dante Moretti -
Sam Elyassaki -
Peter Sibicky -
Marcus & Millichap
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MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
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3170 E 91st St
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