5964 N Russell Rd - Freestanding FOR SALE


Oak Harbor, OH 43449
$1,235,840 USD
214-692-2289
5964 N Russell Rd, Oak Harbor, OH for Sale
$1,235,840 USD
Freestanding - FOR SALE
1/3
null | 7.5% Cap Rate

5964 N Russell Rd
Oak Harbor, OH 43449


HIGHLIGHTS

  • 2018 build-to-suit construction for Dollar General
  • ±8.5 years remaining on the initial 15 year lease term, with three, 5-year extension periods
  • 10% rental increases at the start of each option period, driving NOI growth
  • High-exposure street frontage and a large pylon sign maximize visibility and traffic to the site
  • High-exposure street frontage and a large pylon sign maximize visibility and traffic to the site

OVERVIEW

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

FOR SALE DETAILS

PRICE

$1,235,840 USD

PRICE/SF

$137 USD /SF

CAP RATE

7.5%

% 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

30

LAND DETAILS

LAND ACRES

2.61 AC

LAND SF

113,866 SF

ZONING

R-1

APN/PARCEL ID

008-09263-12347-001

ASK ABOUT THIS PROPERTY

Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

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Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

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