This offering presents a prime opportunity to acquire a stabilized, multi-tenant retail center strategically located along Euclid Avenue in Willoughby, Ohio—just 17 miles from downtown Cleveland and less than one mile from I-90. The property spans approximately 2.52 acres and features two buildings totaling ±29,788 square feet, complemented by 115 on-site parking spaces. Anchored by Dollar Tree, an investment-grade tenant (BBB S&P rating), the center also includes two long-standing local businesses: Savelli Dance & Martial Arts and Relson Gracie Jiu-Jitsu, creating a diverse and resilient tenant mix.
The asset delivers multiple income streams under NNN leases, minimizing landlord responsibilities to roof, structure, and common areas. Dollar Tree’s lease runs through December 2033 with four five-year renewal options, while the other tenants maintain strong occupancy commitments. The property generates a total NOI of $252,500, priced at $3,366,600 with a 7.50% cap rate, offering investors a solid return backed by creditworthy tenancy and predictable cash flow.