DOLLAR GENERAL | 4774 Woodville rd
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DOLLAR GENERAL 4774 Woodville rd
10,566 SF Retail Building Northwood, OH 43619 $1,987,226 ($188/SF) 6.85% Cap Rate
Investment Highlights
- RARE Lease structure containing 5.00% rental increases every 5 years in the primary term & at the beginning of each of the Five, 5-Year Options
- 2024 built-to-suit construction for Dollar General, up to date with tenants current development specifications.
- ±10,566 square foot building is developed to the tenant’s current specifications, offering ample space for consumable products.
- Brand new 15-year lease with estimated delivery November, 2024.
- 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 $17 billion market cap.
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
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
Freestanding
Building Size
10,566 SF
Building Class
B
Year Built
2024
Price
$1,987,226
Price Per SF
$188
Cap Rate
6.85%
NOI
$136,125
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.99 AC
PROPERTY TAXES
Parcel Number | H28-712-030203006501 | Improvements Assessment | $0 |
Land Assessment | $9,210 | Total Assessment | $9,210 |
PROPERTY TAXES
Parcel Number
H28-712-030203006501
Land Assessment
$9,210
Improvements Assessment
$0
Total Assessment
$9,210
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DOLLAR GENERAL | 4774 Woodville rd
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