Dollar General A+ Location 10 Yrs. Major Metro 795 US Hwy 42 West Lafayette Rd W, Medina, OH 44256
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1 Dollar General A+ Location 10 Yrs. Major Metro 795 US Hwy 42 West Lafayette Rd W, Medina, OH Stephen Harper Gold Mine Properties LLC 2304 Walton Lake Dr,Fairfield, IA (641)
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3 Dollar General A+ Location 10 Yrs. Major Metro $1,073,383 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 where 13,130 vehicles /day must stop at the stop sign right at the entrance!!! Second 10 Year Corporate Lease renewal just signed this month. There has been a 7.5% increase in rent due to strong sales performance. Tenant pays, insurance, taxes, internal maintenance, HVAC maintenance and minor repairs. Tenant provides $357/mo. for parking lot maintenance. Actual cost is about $2,000/yr. so the balance pays all other maintenance and adds about $500-$800/yr. to profit. Landlord responsible for Structure, Parking Lot & major HVAC totaling about $4,000/yr. At intersection stop sign with Ryan Road. 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 % to buyer's broker. Price: $1,073,383 Property Type: Retail Property Sub-type: Freestanding Building Class: B Sale Type: Investment Cap Rate: 7.30% Lot Size: 1.00 AC Gross Leasable Area: 10,227 SF No. Stories: 1 Year Built: 2005 Fantastic location with Hi Sales volume. One of few stores selected by Dollar General for early 10 year renewal. 5 renewal options w/ 10% bumps each. Stop sign next to entry from Hwy. Each vehicle must stop right at the entrance!!! Traffic count 13,130+ vehicles/ day! 2nd lease renewal at this location with 7.5% rent increase over 1st lease. Corporate lease/guarantee. Credit rated by S&P B+. 128th largest Corp. in US worth $11.6 Bil. Busy Intersection on Hwy. 42, the main artery to dowtown Medina pop. 26,000+, a Suburb of Cleveland (pop. 2.1 Million). Building in excellent cond. CAP includes expenses for Landlord responsibilities. Tenancy: Parking Ratio: Single 2.78/1,000 SF No. Dock-High Doors/Loading: 0 Zoning Description: APN / Parcel ID: C-2, Medina City C
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5 Major Tenant Information Tenant SF Occupied Lease Expired Dollar General Corporation 9,000 June 2028 Credit Rated B+
6 795 US Hwy 42 West Lafayette Rd W, Medina, OH 44256
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13 Dollar General A+ Location 10 Yrs. Major Metro 795 US Hwy 42 West Lafayette Rd W, Medina, OH Stephen Harper Gold Mine Properties LLC 2304 Walton Lake Dr,Fairfield, IA (641)
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15 Dollar General A+ Location 10 Yrs. Major Metro $1,073,383 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 where 13,130 vehicles /day must stop at the stop sign right at the entrance!!! Second 10 Year Corporate Lease renewal just signed this month. There has been a 7.5% increase in rent due to strong sales performance. Tenant pays, insurance, taxes, internal maintenance, HVAC maintenance and minor repairs. Tenant provides $357/mo. for parking lot maintenance. Actual cost is about $2,000/yr. so the balance pays all other maintenance and adds about $500-$800/yr. to profit. Landlord responsible for Structure, Parking Lot & major HVAC totaling about $4,000/yr. At intersection stop sign with Ryan Road. 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 % to buyer's broker. Price: $1,073,383 Property Type: Retail Property Sub-type: Freestanding Building Class: B Sale Type: Investment Cap Rate: 7.30% Lot Size: 1.00 AC Gross Leasable Area: 10,227 SF No. Stories: 1 Year Built: 2005 Fantastic location with Hi Sales volume. One of few stores selected by Dollar General for early 10 year renewal. 5 renewal options w/ 10% bumps each. Stop sign next to entry from Hwy. Each vehicle must stop right at the entrance!!! Traffic count 13,130+ vehicles/ day! 2nd lease renewal at this location with 7.5% rent increase over 1st lease. Corporate lease/guarantee. Credit rated by S&P B+. 128th largest Corp. in US worth $11.6 Bil. Busy Intersection on Hwy. 42, the main artery to dowtown Medina pop. 26,000+, a Suburb of Cleveland (pop. 2.1 Million). Building in excellent cond. CAP includes expenses for Landlord responsibilities. Tenancy: Parking Ratio: Single 2.78/1,000 SF No. Dock-High Doors/Loading: 0 Zoning Description: APN / Parcel ID: C-2, Medina City C
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17 Major Tenant Information Tenant SF Occupied Lease Expired Dollar General Corporation 9,000 June 2028 Credit Rated B+
18 795 US Hwy 42 West Lafayette Rd W, Medina, OH 44256
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