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3819 Shawnee Rd
Lima, OH 45806

$792,565 USD

Freestanding For Sale  •  9,100 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 9,100 SF
  • Lot Size 0.92 AC
  • Building Class B
  • Year Built 2007
  • Cap Rate 8.50 %
  • Tenancy Single
0 Transit Score
20 Walk Score

Highlights

Located in a high traffic area Lima, OH, is the largest city in Allen County, with a population of ±45,053 within a 5-mile radius
The subject property is located along Shawnee Rd., with approximately ±14,532 VPD, and is 1 mile from I-75 which has approximately ±38,892 (VPD).
Dollar General recently exercised an early 5-year lease extension, demonstrating a strong commitment to this location.
Attractive 8.50% return on a stabilized investment grade credit tenant.
Dollar General boasts an investment grade credit rating of BBB (S&P).
Dollar General has ±21,000 locations and plans to continue their expansion for the foreseeable future.
Cap Rate: 8.50 %
Meghan Carroll 949-200-7903 Matthews Real Estate Investment Services
Meghan Carroll 949-200-7903 Matthews Real Estate Investment Services