795 US Hwy 42 West Lafayette Rd W
Medina, OH 44256
REDUCED Dollar General A+ Location 10 Yrs NN · Retail Property For Sale
Property Facts
Amenities
- Security System
- Signage
- Tenant Controlled HVAC
About 795 US HWY 42 WEST LAFAYETTE RD W , MEDINA, OH 44256
Optimal location. One of a few high performing stores selected by Dollar General for early 10 yr. renewal due to very strong sales! Normal renewal is 5 yrs. Perfectly located at a busy intersection with 13,130 vehicles /day. Many must stop at the stop sign right near the entrance!!! At intersection stop sign with Ryan Road. Second Corporate Lease renewal just signed this month for 10 Years. There has been a 7.5% increase in rent due to strong sales performance. Tenant pays, insurance, taxes, internal maintenance, HVAC maintenance on minor repairs. Tenant provides $357/mo. for parking lot maintenance. Actual cost is about $1700/yr. so the balance pays all other maintenance and adds about $500/yr. to profit. Landlord responsible for Structure, Parking Lot & major HVAC totaling about $3,500/yr. avg. DG is the #1 Dollar Store Retailer with 14,321 stores in the US and growing rapidly. Built to Suit for Dollar General, a U.S. Fortune 500 Company. Dollar General Corp. reported a net worth in excess of $11.6 billion in 2017 and growing fast.
Property Taxes
| Parcel Number | 028-19C-08-058 | Improvements Assessment | $250,790 |
| Land Assessment | $150,610 | Total Assessment | $401,400 |
Property Taxes
