5768 Andrews Rd | Mentor-on-the-Lake, OH 44060
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5768 Andrews Rd
Mentor-on-the-Lake, OH 44060
5768 Andrews Road, Mentor-on-the-Lake, OH · Land For Sale
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4.00 AC
INVESTMENT HIGHLIGHTS
- 15-year lease with 14.50 years remaining on the primary term and 10% rental increases beginning at the start of each of the Five, 5-Year Options
- 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 $28 billion market cap
- 2024 built-to-suit construction for Dollar General with estimated delivery October 2024
- ±10,640 square foot building is developed to the tenant’s current specifications, offering ample space for consumable products
- There are over 200,000 residents living within a 10-mile radius with an average household income of over $81,000
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 4.00 AC |
| Property Subtype | Commercial | No. Stories | 1 |
| Proposed Use | Convenience Store | ||
| Zoning | Business District | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Convenience Store |
| Total Lot Size | 4.00 AC |
| No. Stories | 1 |
| Zoning | Business District |
PROPERTY TAXES
| Parcel Number | 19-A-091-G-00-003 | Improvements Assessment | $83,040 |
| Land Assessment | $83,130 | Total Assessment | $166,170 |
PROPERTY TAXES
Parcel Number
19-A-091-G-00-003
Land Assessment
$83,130
Improvements Assessment
$83,040
Total Assessment
$166,170
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