3147 Catawba Rd Port Clinton, OH 43452-3155

This exceptional investment opportunity presents a single-tenant, 7,545 square foot Dollar General convenience store located at 3147 NE Catawba Rd, Port Clinton, OH 43452. Built in 2018, this free-standing building boasts a 100% occupancy rate with a strong, remaining lease term of 8 years. The property operates under a triple-net (NNN) lease, minimizing landlord responsibilities. The current Net Operating Income (NOI) stands at $103,087, yielding an attractive 6.50% capitalization rate based on the asking price of $1,585,969. This strategically located property benefits from its position within a major tourism region attracting over 11 million annual visitors to the Lake Erie shores and islands. The surrounding area demonstrates strong demographics, with average household incomes exceeding $150,876 within a one-mile radius. Ample parking is available with over 40 individual spaces. The property's build-to-suit nature and the financial strength of Dollar General, a resilient national retailer, contribute to the investment's stability and long-term potential. This is a rare opportunity to acquire a high-performing, low-maintenance retail asset in a desirable location with significant growth prospects. The property is a one-story building situated in Ottawa County. This is a turnkey investment perfect for a passive income portfolio.