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Family Dollar 3070 Mayfield Rd

8,333 SF Retail Building Cleveland Heights, OH 44118 $1,180,903 ($142/SF) 7.75% Cap Rate

Retail Buildings Ohio Cleveland Heights 3070 Mayfield Rd, Cleveland Heights, OH 44118

Investment Highlights

  • RECENT RETROFIT: Brand new 2023 retrofitted construction for Dollar General.
  • NN+LEASE: With landlord responsibilities limited to replacement of roof, lot, & structure.
  • UPGRADED CONSTRUCTION: Upgraded facade wrap-around construction with a new roof, lot, & HVAC units installed in 2023
  • STRONG CORPORATE GUARANTY: Dollar General Corporation boasts an investment grade credit rating of BBB and is a fortune 500 company

Executive Summary

Matt Wallace
License No. REC.2022007141 (OH)

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,333 SF
Building Class
C
Year Built
2011
Price
$1,180,903
Price Per SF
$142
Cap Rate
7.75%
NOI
$91,520
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.82 AC
Zoning
C2 - Commercial
Parking
23 Spaces (2.76 Spaces per 1,000 SF Leased)
Frontage
151 FT on Mayfield Rd

Amenities

  • Signalized Intersection
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

Links

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Walk Score ®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Jazzercise
Starbucks
Huntington National Bank
Marc's
Keybank
Flagstar
CrossFit
U.S. Bank

PROPERTY TAXES

Parcel Number 684-08-004 Improvements Assessment $47,600
Land Assessment $157,150 Total Assessment $204,750

PROPERTY TAXES

Parcel Number
684-08-004
Land Assessment
$157,150
Improvements Assessment
$47,600
Total Assessment
$204,750
(732) 832-5414

Contact

  • Listing ID: 32379296

  • Date on Market: 7/8/2024

  • Last Updated:

  • Address: 3070 Mayfield Rd, Cleveland Heights, OH 44118

More public record information on 3070 Mayfield Rd, Cleveland Heights, OH 44118

The Retail Property at 3070 Mayfield Rd, Cleveland Heights, OH 44118 is currently available for sale. Contact Matthews Real Estate Investment Services for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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Family Dollar | 3070 Mayfield Rd
(732) 832-5414 x

Family Dollar | 3070 Mayfield Rd

Edward Desimone

(732) 832-5414

(732) 832-5414

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