418 E Main St
Spencer, OH 44275
Dollar General · Retail Property For Sale

The subject investment property is situated on East Main Street in Spencer, Ohio. US Main Street is the main thoroughfare through Spencer which connects the city to Route 42 and other larger thoroughfares. There are approximately 43,000 people residing within a ten-mile radius of this property. This Dollar General is well-positioned in a suburban throughway consisting of national and local industrial tenants, medical centers, automotive care, and local banks. National and local tenants in the area include Farmers Savings Bank, USPS, Ohio E Check, Main Street Market, Holmes Tire, and many more. This Dollar General benefits from its lack of competition in the area. The nearest dollar store is over 9-miles away. Settled in the mid-west corner of Medina County, the Village of Spencer has been home for several generations of families, and continues to keep the family legacies and traditions growing today. The village is only a forty-five minute drive to Akron, OH. Akron is a city in and is the county seat of Summit County, Ohio. It is the fifth-largest city in the state of Ohio. Co-founded along the Little Cuyahoga River in 1825 by Simon Perkins and Paul Williams, it was chosen as a strategic point at the summit of the developing Ohio and Erie Canal. The city has a long history of rubber manufacturing, which today still includes Goodyear Tire. Recently, the company, which is the largest tire manufacturer in the city, built its new world headquarters in Akron. Other corporations, including Gojo Industries, FirstEnergy, Huntington Bank, and Charter Spectrum all have diversified the economy to include manufacturing, education, healthcare, and biomedical research. Bridgestone has also built a new technical center with state-of-the-art research and development labs, and moved its product development operations to the new facility in 2012. The Eastern Ohio Division of KeyBank, which has six branches in the city, recently built regional headquarters downtown. Akron has continued to expand into the medical sector, and has a designated area call the Biomedical Corridor, with the goal of luring health-related ventures to the region. Akron’s adult hospitals are owned by two health systems, Summa Health Systems and Akron General Health System. Summa Health Systems operates Akron City Hospital and the former St. Thomas Hospital, which have been recognized as some of “America’s Best Hospitals” by U.S. News & World Report. The city also has two Level I Trauma Centers: Akron City and Akron General hospitals.