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Corporate-Guaranteed NNN Retail Property
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For Sale
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1622 Cleveland Road W, Sandusky, OH 44870

Longstanding occupancy, corporate lease support, and limited landlord responsibilities define this established retail asset.

Property SizeContact for details
Days on Market5

Property Features for 1622 Cleveland Road W

General Information

Standard status Active
Property subtype Retail

Additional Details

Traffic Count 14,900 vehicles/day

Building Details

Tenancy Single
Listing Agency: SRS Real Estate Partners - Global Company
Listed By: Jeff Gates · License #CA 01768554
Source: Crexi
Added: Sep 15 Changed: Sep 18 Last Checked: Sep 19 at 6:55AM

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 SRS Real Estate Partners - Global Company

Investment Insights

Based on property information with market context.

This NNN retail property has operated as a Dollar General location since 2003, with 23 years of operating history and more than 3 years remaining on the initial lease. The lease is guaranteed by Dollar General Corp., identified as S&P BBB, and the tenant operates 21,055 locations as of May 2026. The tenant pays CAM and taxes and maintains most aspects of the premises, while the landlord remains responsible for the roof and structure.

The property is positioned along Cleveland Rd N, which averages 14,900 VPD, and is part of a retail corridor that includes McDonald’s, Taco Bell, Starbucks, Burger King, Tractor Supply Co., and Kroger. Firelands Regional Medical Center, with 287 beds, and Sandusky High School, with 1,028 students, are nearby. The sale includes fee simple ownership of the building and land. The surrounding trade area includes more than 60,000 residents and 50,000 employees, with an average household income of $93,343.

Key Highlights

  • Dollar General has operated at the property for 23 years
  • More than 3+ years remain on the initial lease
  • Lease guaranteed by Dollar General Corp.; S&P BBB

Property Analytics

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Current Use

Dollar General Discount Store FedEx OnSite Postal Service Western Union Bank

Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store Building Supply Spa & Massage Center Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14,900 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

350
Businesses Nearby

Demographics for 44870, OH

40,416
Population
19,991
Households
2
Avg Household Size
43
Median Age
25%
College-Educated
90%
High-School Grad
60.7 sq mi
ZIP Area
666
Density / Sq Mi
$58,797
Median Household Income
$36,056
Median Earnings
$863
Median Rent
$148,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Longstanding occupancy, corporate lease support, and limited landlord responsibilities define this established retail asset.
Where is this nnn property located?
The property is located at 1622 Cleveland Road W Sandusky, OH.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Dollar General has operated at the property for 23 years; More than 3+ years remain on the initial lease; Lease guaranteed by Dollar General Corp.; S&P BBB
(415) 602-6339 Call to check price and availability
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