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89 E Main St, Lucas, OH, 44843

Dollar General
$1,072,726

Key Information

Cap Rate
7.85%
$ per SF
$123
Tot. SF
9,100
Year Built
2016
Term Remaining
±6.33 YRS
Type
Retail
NOI
$84,209

Highlights

  • Absolute NNN lease with zero landlord responsibilities
  • LIMITED COMPETITION, serves as Lucas’ only Dollar Store with no other Dollar Stores in a ±6-mile radius
  • ±6.33 years remaining on an initial 15-year lease
  • Lucas is located only ±7-miles Southeast of Mansfield, OH
  • Mansfield, MSA has approximately ±125,000 residents
  • Excellent visibility of access off of Main St
  • ±$89,407 average HH income within a 3-mile radius
  • Strategically located in the middle of Lucas, OH the subject property is near Lucas Elementary, Lucas Middle, and Lucas High School
  • ZERO COMPETITION for convenience/grocery stores in the trade area

Photos

Location

Agents

Broker of Record

Matt Wallace

License # REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113