New Development “Plus” Size Dollar General - 5.50% CAP

6254 SR 534 West Farmington, OH 44491

6254 SR 534, West Farmington, OH, 44491
6254 SR 534, West Farmington, OH, 44491 6254 SR 534, West Farmington, OH, 44491 6254 SR 534, West Farmington, OH, 44491
FOR SALE
Property Type:
Free Standing Building
Amount:
$1,886,865
Last Verified:
Dec 19, 2022

Highlights

  • New Development Ohio Dollar General With 15 Year Primary Term, Rent Commenced in August 2022
  • "Plus" Size 10,542 SF Store Prototype Built to Accommodate Higher Projected Sales Volume
  • Limited Local Retail Competition - Closest Dollar Store is Nearly 5 Miles Away - Fills Dollar Store Void
  • Located at the Corner of Hwy 534 and Greenville RD NW With Combined Traffic Counts Exceeding 4,000 Vehicles
  • Only 46 Miles to Downtown Cleveland - Home to Several Professional Sports Teams and Over 383,000 Residents
  • Dollar General is an Investment Grade Tenant With an S&P Credit Rating of BBB (the Same as Walgreens)

Description

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a new development Dollar General in West Farmington, OH. Rent commenced in August of 2022.

Broker of Record - Brian Brockman - Bang Realty, Inc. - OH#REC.2009002663

tbd


Year Built: 2022
Building Size: 10542sq ft
Lot Size: 1.8 acres


Documents

Offering Memorandum

Map of 6254 SR 534, West Farmington, OH, 44491

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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