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1558 Orchard Park Rd
Lexington, OH 44904

Dollar General · Retail Property For Sale

Investment Highlights

  • Strong sales history, contact broker for information.
  • Location is the only dollar store in Lexington, filling an important niche for residents.
  • Surrounded by national retailers YMCA, NAPA Auto Parts, Subway, Rite Aid, & American Freight Furniture & Mattress.
  • Extra parcel provides added security, providing landlord with ability to expand existing building.
  • Ideal dollar store demographics with 32,490 population and $70,000 average household income within 5 mile radius.
  • Attractive Sub $1,000,000 price point, ideal 1031 exchange investment with minimal landlord responsibilities.

Executive Summary

High performing Dollar General site, tenant committed to 10 year lease extension demonstrating commitment to location. Extra 0.81 AC Parcel Available for $54,999 PID: 059-62-210-42-000

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
C
Year Built
2005
Price
$1,217,943 CAD
Price Per SF
$134 CAD
Cap Rate
8%
NOI
$97,435 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.92 AC
Zoning
Retail
Parking
20 Spaces (5.26 Spaces per 1,000 SF Leased)
Frontage
139 ft on Lexington Ave

Amenities

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
059-62-210-42-002
Land Assessment
$27,123 CAD
Improvements Assessment
$415,706 CAD
Total Assessment
$442,829 CAD
  • Listing ID: 32565940

  • Date on Market: 2024-07-24

  • Last Updated:

  • Address: 1558 Orchard Park Rd, Lexington, OH 44904

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