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Investment Highlights

  • NEW Lease structure containing 5.00% rental increases every 5 years in the primary term & at the beginning of each of the Five, 5-Year Options
  • 2025 built-to-suit construction for Dollar General, up to date with tenants current development specifications.
  • ±10,566 square foot building is developed to the tenant’s current specifications, offering ample space for consumable products.
  • Brand new 15-year lease with estimated delivery April 30, 2025.
  • Absolute NNN Lease with zero landlord responsibilities, ideal for investors seeking a passive stream of cash flow
  • Strong Corporate Guaranty: From Dollar General Corporation, a Fortune 500 company, boasting a BBB credit rating (S&P) and a $17 billion market cap.

Executive Summary

Broker of Record
Matt Wallace
License No. REC.2022007141 (OH)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
950 Main Ave.,
Suite 510, Cleveland, OH 44113

Property Facts Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,566 SF
Building Class
B
Year Built
2024
Price
$1,944,643
Price Per SF
$184.05
Cap Rate
7%
NOI
$136,125
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.99 AC

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Dollar General
  • -
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Dollar General - - - -
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
H28-712-030203006501
Land Assessment
$122,570
Improvements Assessment
$0
Total Assessment
$122,570
  • Listing ID: 35495862

  • Date on Market: 4/15/2025

  • Last Updated:

  • Address: 4774 Woodville rd, Northwood, OH 43619

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