Close of Escrow: Dollar General in Cleveland, OH

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

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