Close of Escrow: Dollar General in Toledo, OH

Close of Escrow: Dollar General in Toledo, OH

SIG is pleased to announce the recent Close of Escrow on Dollar General located in Toledo, Ohio.

Investment Highlights Include:

  • Absolute Triple Net (NNN) Lease – No Landlord Responsibilities
  • Over 10 Years of Lease Term Remaining with Rent Increase in Year 11 (2024)
  • Excellent Demographics in Surrounding Area with 233,000 Residents Within a 5-Mile Radius
  • Dollar General (NYSE: DG) Recently Upgraded to BBB Credit Rating
  • Corporate Guaranty from Investment Grade Tenant
  • Toledo Future Job Growth Over the Next 10 Years Expected to be 37%
  • Located .5 Miles from Mercy St. Vincent Medical Center, Serving Over 75k Patients Per Year
  • Located 1.3 Miles from Downtown Toledo – Attractions Include Huntington Center, Seagate Convention Center, Valentine Theater, and Fifth Third Field (28k Total Seats)
  • Located 1 Mile from Toledo Museum of Art, Boasting 470K Visitors Per Year

In Cooperation with Cooper Commercial Investment Group, LLC – BoR: Dan Cooper Lic # 2009003618

Closing Price: $1,545,000
Closing CAP:  6.50%

Listing Agent:  Elan Sieder  

For More Information Contact:

Elan Sieder
Lic #678407
512.649.5185
elan@SIGnnn.com

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