3147 NE Catawba Rd - Freestanding FOR SALE
Port Clinton, OH 43452 |
$1,330,167 USD
248-227-0817
3147 NE Catawba Rd
Port Clinton, OH 43452
HIGHLIGHTS
- Minimal competition as the subject property is the only national dollar store on Catawba Island, which covers a total land area of 16.9 square miles.
- Close proximity to Put-In-Bay, the main tourist attraction on Lake Erie, attracting ±750k visitors annually, with two ferry services
- Average household income of approximately $128,610 within a 5-mile radius.
- Dollar General boasts an investment-grade credit rating of BBB (S&P).
- Dollar General has ±20,000 locations and plans to continue their expansion for the foreseeable future.
- Dollar General has been considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic.
FOR SALE DETAILS
PRICE
$1,330,167 USD
PRICE/SF
$176 USD /SF
CAP RATE
7.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2018
SPRINKLERS
-
PARKING SPACES
37
LAND DETAILS
LAND ACRES
1.58 AC
LAND SF
68,955 SF
ZONING
C
APN/PARCEL ID
013-19621-28034-040
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248-227-0817
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248-227-0817
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