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Dollar General NNN Property
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477 Oberlin Elyria Road, Elyria, OH 44035

Corporate-backed lease with more than three years remaining at an established discount-store location.

Property SizeContact for details
Days on Market5

Property Features for 477 Oberlin Elyria Road

General Information

Standard status Active
Property subtype Retail

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 19 Last Checked: Sep 19 at 10:03AM

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.

Built in 2003, this NNN property is occupied by Dollar General at 477 Oberlin Elyria Rd in Elyria, Ohio. Dollar General has operated at the location for 23+ years, providing an established operating history at the site.

The current lease has 3+ years remaining and carries a corporate guarantee from Dollar General Corp. The guarantor is identified as investment grade with an S&P rating of BBB and operates 21,055 locations as of May 2026.

Key Highlights

  • Dollar General has operated at the location for 23+ years
  • 3+ years remaining on the current lease
  • Corporate guarantee from Dollar General Corp.

Property Analytics

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Current Use

Dollar General Discount Store Western Union Bank

Suggested Use

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

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

99
Businesses Nearby
40k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 65% Shops & Services 35%
Rural King Home Improvements & Furnishings
25,525 visits/mo 0.2 miles
Circle K Shops & Services
7,430 visits/mo 0.4 miles
Dollar General Shops & Services
6,613 visits/mo 0.1 miles

Demographics for 44035, OH

61,921
Population
29,637
Households
2.1
Avg Household Size
42
Median Age
17%
College-Educated
88%
High-School Grad
47.6 sq mi
ZIP Area
1,301
Density / Sq Mi
$54,362
Median Household Income
$38,493
Median Earnings
$871
Median Rent
$147,600
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 - Corporate-backed lease with more than three years remaining at an established discount-store location.
Where is this nnn property located?
The property is located at 477 Oberlin Elyria Road Elyria, OH.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Dollar General has operated at the location for 23+ years; 3+ years remaining on the current lease; Corporate guarantee from Dollar General Corp.
(415) 602-6339 Call to check price and availability
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