Close of Escrow: Dollar General in Cleveland, OH
SIG is pleased to announce the recent closed transaction of Dollar General in Cleveland, Ohio.
Investment Highlights Include:
- Absolute Triple Net (NNN) Lease
- Brand New 2016 All Brick Construction
- Corporate Guaranty from Investment Grade Tenant
- 10% Rental Increases in Option Periods
- Passive Investment Ideal for Out-of-State Investors
- Ideally Situated with Excellent Demographics in Excess of 230,000 Residents Within a 5 Mile Radius
- Located 3.5 Miles from Cleveland State University with an Enrollment of Over 17,000 Students and 2.5 Miles from Case Western Reserve University with Over 18,000 Students, Faculty and Staff
- Close Proximity to the Heart of Downtown Cleveland Which Includes Several Tourist & Local Destinations Such as: The Iconic Rock & Roll Hall of Fame, Quicken Loans Arena (Home of the 2016 NBA Champions Cleveland Cavaliers) and Progressive Field (Home of the 2016 American League Champions Cleveland Indians)
Closing Price: $1,735,110
Closing CAP: 6.25%
Listing Agents: Elan Sieder and Max Freedman
For More Information Contact:
Elan Sieder
Lic #678407
512.649.5185
elan@SIGnnn.com
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