22530 Lake Shore Blvd - Storefront FOR SALE


Euclid, OH 44123
$1,494,220 USD
312-957-7212
22530 Lake Shore Blvd, Euclid, OH for Sale
$1,494,220 USD
Storefront - FOR SALE
1/7
null | 6.03% Cap Rate

22530 Lake Shore Blvd
Euclid, OH 44123


HIGHLIGHTS

  • Investment Grade Anchor
  • Upside Potential
  • Minimal Landlord Responsibilties
  • Strategic Retail Location
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the Dollar General Center located at 22530 Lake Shore Boulevard in Euclid, Ohio (the “Property”). The Property consists of an 11,394 square-foot building on 0.40 acres of land. The retail plaza is 100% occupied and is home to four (4) tenants including Dollar General, Wingstop, State Farm Insurance, and Acceptance Insurance. Dollar General has a long operating history at this Property, and the other three tenants are all nationally recognized brands. All four tenants contribute to reimbursements for operating expenses at the Property including real estate taxes, insurance, and common area maintenance. The Property is prominently situated along Lake Shore Boulevard, one of Euclid’s primary retail and commuter corridors, offering strong visibility, frontage, and convenient access. The Dollar General Center is directly adjacent to and shares access and parking with Shore Center Plaza, anchored by Aldi and Burlington, creating synergy with a well-established neighborhood retail hub. The surrounding area features a mix of residential neighborhoods and service-oriented businesses, supporting consistent customer activity. The location is further enhanced by proximity to Interstate 90, U.S. Route 6, and State Route 2, providing seamless access to downtown Cleveland, nearby suburbs, and the broader Northeast Ohio market.

FOR SALE DETAILS

PRICE

$1,494,220 USD

PRICE/SF

$130 USD /SF

CAP RATE

6.03%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General & Wing Stop

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

Commercial

APN/PARCEL ID

644-25-009

ASK ABOUT THIS PROPERTY

Michael MintzHorvath & TremblayMore Info
312-957-7212

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Michael MintzHorvath & TremblayMore Info
312-957-7212

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.