620 N Main St - Freestanding FOR SALE


Gibsonburg, OH 43431
$819,066 USD
586-718-7011
620 N Main St, Gibsonburg, OH for Sale
$819,066 USD
Freestanding - FOR SALE
1/1
null | 9% Cap Rate

620 N Main St
Gibsonburg, OH 43431


HIGHLIGHTS

  • Available as a package with Dollar General Store #9911 at 385 W Airport Hwy Swanton, OH 43558
  • Dollar General has successfully operated at this location for nearly 20 years
  • This is Dollar General’s preferred 9,100 SF Footprint Store
  • Limited competition in Gibsonburg, this is the only discount retailer serving Gibsonburg
  • Tenant is paying a fixed large monthly common area maintenance allowance of $488/Month
  • Dollar General Exercised their option to renew this lease 2 months early

OVERVIEW

AMC Real Estate Investment Services is pleased to offer for sale this Dollar General in Gibsonburg, OH. Dollar General has occupied this subject property since 2005 and is set to extend their lease for an additional 5 years in this coming May. Dollar General in on a NN Lease at the subject property allowing for the landlord to incur practically no expenses throughout their ownership. This property has had new HVAC Units installed in the past 2 years. Gibsonburg is 21 Miles from Toledo, OH and 32 Miles from Sandusky, OH.

FOR SALE DETAILS

PRICE

$819,066 USD

PRICE/SF

$91 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,106 SF

ZONING

-

APN/PARCEL ID

27-60-00-0020-05

ASK ABOUT THIS PROPERTY

Angelo IacobelliAMC Real Estate Investment ServicesMore Info
586-718-7011

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Angelo IacobelliAMC Real Estate Investment ServicesMore Info
586-718-7011

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