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Remodeled Grocery and Convenience Store
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756 Ashland Rd, Mansfield, OH 44905

A fully renovated former grocery location operates under a double-net lease to Dollar General.

Property SizeContact for details
Days on Market142

Property Features for 756 Ashland Rd

General Information

Standard status Active
Property subtype Retail

Building Details

Year Renovated 2013
Listing Agency: Marcus & Millichap - Orange County
Listed By: Blake Davey · License #CA 01994926
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 3:07PM

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 Marcus & Millichap - Orange County

Investment Insights

Based on property information with market context.

Located at 756 Ashland Rd in Mansfield, Ohio, this former grocery store was fully remodeled for Dollar General before opening in 2013. The building now serves as an operating Dollar General retail location.

The property is subject to a ten-year double-net lease with Dollar General, which includes 10% increases in each of the two five-year extension options. The tenant exercised its first option in 2023. The lease structure, extension rights, and exercise history define the property’s current contractual framework.

Key Highlights

  • Former grocery store fully remodeled for Dollar General
  • Dollar General location opened for business in 2013
  • Ten‑year double‑net lease with Dollar General

Property Analytics

Current Use

Western Union Bank Dollar General Discount Store

Suggested Use

Top Pick Dental Office Law Firm Parking Lot & Garage Hair Salon Furniture & Home Goods Bakery

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

Location Intelligence

Trade Area within ½ mile

282
Businesses Nearby
Under-served
Demand for This Use

Demographics for 44905, OH

16,827
Population
5,227
Households
3.2
Avg Household Size
39
Median Age
6%
College-Educated
82%
High-School Grad
12.8 sq mi
ZIP Area
1,315
Density / Sq Mi
$55,716
Median Household Income
$34,765
Median Earnings
$859
Median Rent
$111,000
Median Home Value

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?
Grocery and convenience store - A fully renovated former grocery location operates under a double-net lease to Dollar General.
Where is this grocery and convenience store located?
The property is located at 756 Ashland Rd Mansfield, OH.
What are key features of this property?
This property features: Former grocery store fully remodeled for Dollar General; Dollar General location opened for business in 2013; Ten‑year double‑net lease with Dollar General
More about this property
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