Dollar General
For Sale
Contact for pricing
2501 S Arlington Rd, Akron, OH 44319
Retail property built in 2016 at a documented Akron address.
Property Size10,640 SF
Price / SF$159.81
Days on Market82
Property Features for 2501 S Arlington Rd
General Information
Standard status
Active
Size
10,640 SF
Class
A
Property subtype
Retail
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$114,775
Additional Details
Cap Rate
6.75%
Building Details
Year Built
2016
Tenancy
Single
Listing Agency:
Matthews
(239) 994-9643
Listed By:
Daniel Gonzalez · License #SL3463209 (FL)
Source:
Crexi
Added: Jun 11
Changed: Aug 30
Last Checked: Aug 30 at 7:01PM
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 Matthews
Investment Insights
Based on property information with market context.
This storefront property contains 10,640 square feet and was constructed in 2016. The asset is identified as Dollar General and carries a 6.75% capitalization rate.
The property is located at 2501 S Arlington Rd in Akron, Ohio 44319. Its retail format and established building date provide a concise profile for evaluation within the Akron commercial market.
The property is located at 2501 S Arlington Rd in Akron, Ohio 44319. Its retail format and established building date provide a concise profile for evaluation within the Akron commercial market.
Key Highlights
- 10,640 square feet of retail property
- Constructed in 2016
- 6.75% capitalization rate
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$120,133
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.06%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,402,660
$2.4M
Cap Rate 7%
$1,716,186
$1.7M
Cap Rate 9%
$1,334,811
$1.3M
Market Conditions
NOI Build-Up for 10,640 SF
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.
Gross rent
$177.5K $16.68/SF
− Vacancy
−$5.9K −$0.55/SF
EGI
$171.6K $16.13/SF
− OpEx
−$51.5K −$4.84/SF
NOI
$120.1K $11.29/SF
Area
Akron, OH
Vacancy
3.30%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,402,660
Cap Rate 7%
$1,716,186
Cap Rate 9%
$1,334,811
Alternative Uses
Best Use
Retail
$1.72M
$1.50M – $2.00M
NOI $120,133 @ 7.0% cap · market cap 7.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.61M
$2.28M – $3.05M
NOI $182,781 @ 7.0% cap · market cap 10.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
354
Businesses Nearby
64k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 56%
Dining 23%
Shops & Services 21%
The Home Depot
Home Improvements & Furnishings
33,516 visits/mo
0.4 miles
Golden Corral
Dining
14,664 visits/mo
0.5 miles
Dollar General
Shops & Services
7,421 visits/mo
0.2 miles
AutoZone
Shops & Services
3,686 visits/mo
0.3 miles
American Freight Furniture Mattress Appliance
Home Improvements & Furnishings
2,381 visits/mo
0.2 miles
Demographics for 44319, OH
21,833
Population
9,950
Households
2.2
Avg Household Size
48
Median Age
30%
College-Educated
96%
High-School Grad
19.0 sq mi
ZIP Area
1,149
Density / Sq Mi
$74,781
Median Household Income
$43,662
Median Earnings
$1,081
Median Rent
$188,400
Median Home Value
Market
Vacancy Rate% for Retail in Akron, OH
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Retail property built in 2016 at a documented Akron address.
Where is this storefront property located?
The property is located at 2501 S Arlington Rd Akron, OH.
What is the asking price?
The asking price for this property is $1,700,400.
What are key features of this property?
This property features: 10,640 square feet of retail property; Constructed in 2016; 6.75% capitalization rate
