Property summary
This exceptional investment opportunity presents a fee-simple ownership of a brand-new, 7,545 square foot Dollar General store in Cleveland, Ohio. Built in 2023, the property boasts a 15-year absolute NNN lease with a credit-rated, corporate guarantor (Dollar General Corporation), ensuring a stable and passive income stream. The lease commenced November 3, 2023, and features five, 5-year renewal options with 10% rent bumps, providing significant long-term growth potential. The current annual… net operating income (NOI) is $125,000, resulting in a compelling 6.75% cap rate at the asking price of $1,851,852. Situated on a 0.69-acre lot with 30 parking spaces, the property enjoys a prime location on a major retail corridor, experiencing high daily vehicle traffic. The surrounding area demonstrates strong retail synergy with established national brands. The property's single-story building is zoned for commercial use and benefits from a high-density, infill location with limited competition. This investment is further strengthened by the substantial population within a 10-mile radius, exhibiting a high average household income. The property's 100% occupancy since its opening date adds to its attractiveness for investors seeking a secure and profitable venture. The property's APN is 1325119.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 3 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
3 recorded sales · 18 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 1,064 SF
- Lot area
- 0.17 ac
- Year built
- 1956
- Stories
- 1
- APN
- 013-25-008
- Zoning
- LR
- Assessed value · 2023
- $9,140
- Annual tax · 2023
- $913
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Location Insight
- Alternative use
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