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DOLLAR GENERAL 3147 NE Catawba Rd

7,545 SF Retail Building Port Clinton, OH 43452 $1,585,969 ($210/SF) 6.50% Cap Rate

Investment Highlights

  • Attractive Lease Fundamentals: NNN build-to-suit location, zero landlord responsibilities
  • Scarcity In the Market: This Dollar General benefits from being one of the only grocery and convenience stores in the Catawba Island Region
  • Strategic Location: Positioned in major tourism region with over 11 million annual visitors throughout the Lake Erie shores and islands
  • Strong Corporate Guarantee: Dollar General continues to prove its resiliency, both in booming markets and economic downturns
  • Strong Demographics: The average household income within a 1-mile radius exceeds ±$150,876
  • Ample parking with over 40 individual spaces

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

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
7,545 SF
Building Class
C
Year Built
2018
Price
$1,585,969
Price Per SF
$210
Cap Rate
6.50%
NOI
$103,087
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Land Acres
1.59 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
013-19621-28034-040
Land Assessment
$37,660
Improvements Assessment
$106,764
Total Assessment
$144,424
  • Listing ID: 33370853

  • Date on Market: 10/1/2024

  • Last Updated:

  • Address: 3147 NE Catawba Rd, Port Clinton, OH 43452

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