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Dollar General 17 S Gamble St 9,100 SF Retail Building Shelby, OH 44875 $580,251 CAD ($63.76 CAD/SF) 10.65% Cap Rate

Retail Buildings Ohio Shelby 17 S Gamble St, Shelby, OH 44875

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INVESTMENT HIGHLIGHTS

  • Long Term Lease
  • Operating Expense Protection
  • Capital Improvements
  • Attractive Rent Increases
  • Investment Grade Credit
  • Strategic Location

EXECUTIVE SUMMARY

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a freestanding Dollar General investment property located at 17 S Gamble Street in Shelby, Ohio (the “Property”). Dollar General has been at this location since 1999 and has exercised several renewals, demonstrating their commitment to the site and the market. Dollar General has 3+ years remaining on their lease with two (2), 5-year renewal options. The lease features attractive 10% rent increases at the start of each renewal option. The Property is well located along S Gamble Street (OH Route 61) and is 400 feet from the signalized intersection with E Main Street (OH Route 96) the area’s primary commercial and commuter corridors and enjoys strong frontage and visibility. The Property is positioned in the heart of Shelby and is close to area schools, and Shelby’s other commercial tenants and manufacturing facilities. The Property is easily accessible from Shelby’s residential neighborhoods providing a built-in customer base. Shelby is positioned in north central Ohio and is within 90 minutes of Cleveland, Columbus and Akron.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
C
Year Built
1999
Price
$580,251 CAD
Price Per SF
$63.76 CAD
Cap Rate
10.65%
NOI
$61,780 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.86 AC

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • -
  • -
  • Triple Net
  • Jun 2029

DG is proud to be America’s neighborhood general store. They strive to make shopping hassle-free and affordable with convenient, easy-to-shop stores all across the states. DG's stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands. From serving their customers with value and convenience and their employees with career opportunities to serving the communities they call home through literacy and education, Dollar General has been committed to its mission of Serving Others since the company’s founding in 1939.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer - - Triple Net Jun 2029
1 1
17 S Gamble St, Shelby, OH - AERIAL map view

NEARBY MAJOR RETAILERS

Ymca
Park National Bank

PROPERTY TAXES

Parcel Number 046-08-018-13-000 Improvements Assessment $163,115 CAD
Land Assessment $7,849 CAD Total Assessment $170,964 CAD

PROPERTY TAXES

Parcel Number
046-08-018-13-000
Land Assessment
$7,849 CAD
Improvements Assessment
$163,115 CAD
Total Assessment
$170,964 CAD
(201) 215-1802

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 38968070

  • Date on Market: 2026-01-05

  • Last Updated:

  • Address: 17 S Gamble St, Shelby, OH 44875

The Retail Property at 17 S Gamble St, Shelby, OH 44875 is currently available for Sale. Contact Horvath & Tremblay for more information.

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Dollar General | 17 S Gamble St
(201) 215-1802 x

Dollar General | 17 S Gamble St

Steven Schiavello
(201) 215-1802

Patrick Gray
(908) 462-4800

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