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3489 Park Ave W
Ontario, OH 44906
Dollar Genral | Ontario, OH · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease: Dollar General handles all taxes, insurance, and maintenance for fully passive ownership.
- 15-year lease through Jan 2035 with three 5-year options and 10% rent increases.
- High visibility along Park Ave W (14,200 VPD) near U.S. Route 30 (32,792 VPD).
- Corporately guaranteed by Dollar General (NYSE: DG), rated BBB with $40B+ in 2024 revenue and 20,000+ stores.
- 2.89-acre parcel with ample parking, visibility, and long-term flexibility.
- Affluent area ($102K+ avg income) near schools, parks, and community amenities.
EXECUTIVE SUMMARY
Part of a portfolio, available together or individually. Click here to view all properties: https://cbreemail.com/s/6cb7163cfd370b83e075e7db3b2e36445a241730
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Building Size
9,100 SF
Building Class
B
Year Built
2020
Price
$1,250,515
Price Per SF
$137.42
Cap Rate
7%
NOI
$87,536
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
2.89 AC
Zoning
Commercial
PROPERTY TAXES
| Parcel Number | 038-60-156-14-000 | Improvements Assessment | $377,600 |
| Land Assessment | $43,520 | Total Assessment | $421,120 |
PROPERTY TAXES
Parcel Number
038-60-156-14-000
Land Assessment
$43,520
Improvements Assessment
$377,600
Total Assessment
$421,120
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