Dollar General Canton, OH
6188 Navarre Rd SW Canton, OH 44706
6188 Navarre Rd SW, Canton, OH, 44706
$1,535,333
For Sale
$1,535,333
Freestanding Dollar General in Canton, OH with zero landlord responsibilities.
Property Size9,026 SF
Lot Size2.23 Acres
Price / SF$170.10
Days on Market139
Property Features for 6188 Navarre Rd SW
General Information
- Standard status
- Active
- Size
- 9,026 SF
- Lot size
- 2.23 Acres
- Property subtype
- Retail
Listing agency
Legacy Real Estate
(248) 450-3259
Listed by
Dominic Shamany · License #MI #6506047766
Source
Legacycrea
Added: Mar 5 Updated: Jul 6 at 10:31AM Checked: Jul 19 at 2:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Legacy Real Estate
Investment Insights
Based on property information with market context.
This single-tenant, free-standing Dollar General property is located in Canton, Ohio, within the Cleveland MSA, which is ranked #34 in the country. Constructed in 2015, the 9,026 square foot building sits on a 2.23-acre lot, providing ample parking and potential repurposing opportunities. The surrounding area is considered affluent, with an average household income exceeding $71,400 within a 1-mile radius. The location benefits from a dense population, with over 22,300 individuals residing within a 1-mile radius and over 87,800 within a 3-mile radius. The property is approximately 17.3 miles from the Akron-Canton Regional Airport. The tenant is a national grade tenant with a Standard & Poor's credit rating of BBB. The absolute triple net lease structure ensures zero landlord responsibilities. The tenant is considered recession-proof.
Key Highlights
- Absolute triple net lease with zero landlord responsibilities
- National credit tenant: Dollar General (S&P Rating: BBB)
- Located in the Cleveland MSA (Ranked #34 Nationally)
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $135.4k | $15.00 |
| − Vacancy | −$4.5k | −$0.50 |
| EGI | $130.9k | $14.50 |
| − OpEx | −$32.7k | −$3.63 |
| NOI | $98.2k | $10.88 |
9,026 SF · lease $15.00/SF/yr · vacancy 3.30% · expense 25.00%
Alternative Uses
Best Use
Retail
$2.36M
$2.06M – $2.75M
NOI $164,962 @ 7.0% cap · market cap 10.74%
Second Best
Specialty Retail
$1.40M
$1.23M – $1.64M
NOI $98,192 @ 7.0% cap · market cap 6.40%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Redbox
Cinema
Western Union
Bank
Dollar General
Discount Store
Similar For Sale Nearby
FAQs
What type of property is this?
Grocery and convenience store - Freestanding Dollar General in Canton, OH with zero landlord responsibilities.
Where is this grocery and convenience store located?
The property is located at 6188 Navarre Rd SW Canton, OH.
What is the asking price?
The asking price for this property is $1,535,333.
What are key features of this property?
This property features: Absolute triple net lease with zero landlord responsibilities; National credit tenant: Dollar General (S&P Rating: BBB); Located in the Cleveland MSA (Ranked #34 Nationally)
