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Dollar General 795 Lafayette Rd 9,014 SF Retail Building Medina, OH 44256 $1,574,109 CAD ($174.63 CAD/SF) 6.77% Cap Rate
EXECUTIVE SUMMARY
Absolutely prime location – over 13,100 vehicles per day use the stop sign directly
adjacent to the entrance! As a result, store traffic and sales are historically
excellent!
Built to suit for Dollar General Corp, a US Fortune 500 Company in 2005, this
location has consistently reported stronger-than-average annual sales compared
to other stores nationwide. Current lease term is 5 years beginning in November
2025, with 4 renewal options for 5 years each remaining.
Tenant pays: insurance, taxes, internal maintenance, HVAC maintenance and minor
repairs. Tenant provides $357/mo. for parking lot maintenance. Actual cost is
about $2,000/yr. – so the balance pays all other maintenance and adds about
$500-$800/yr. to profit.
Landlord responsible for: Structure, Parking Lot & major HVAC repairs,
maintaining property and liability insurance.
adjacent to the entrance! As a result, store traffic and sales are historically
excellent!
Built to suit for Dollar General Corp, a US Fortune 500 Company in 2005, this
location has consistently reported stronger-than-average annual sales compared
to other stores nationwide. Current lease term is 5 years beginning in November
2025, with 4 renewal options for 5 years each remaining.
Tenant pays: insurance, taxes, internal maintenance, HVAC maintenance and minor
repairs. Tenant provides $357/mo. for parking lot maintenance. Actual cost is
about $2,000/yr. – so the balance pays all other maintenance and adds about
$500-$800/yr. to profit.
Landlord responsible for: Structure, Parking Lot & major HVAC repairs,
maintaining property and liability insurance.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,014 SF
Building Class
B
Year Built
2005
Price
$1,574,109 CAD
Price Per SF
$174.63 CAD
Cap Rate
6.77%
NOI
$106,560 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.20
Lot Size
1.01 AC
Opportunity Zone
Yes
Zoning
C-2, Medina City - Medina City C-2
Parking
14 Spaces (1.55 Spaces per 1,000 SF Leased)
AMENITIES
- Security System
- Signage
- Tenant Controlled HVAC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 028-19C-08-058 | Improvements Assessment | $270,842 CAD |
| Land Assessment | $213,709 CAD | Total Assessment | $484,552 CAD |
PROPERTY TAXES
Parcel Number
028-19C-08-058
Land Assessment
$213,709 CAD
Improvements Assessment
$270,842 CAD
Total Assessment
$484,552 CAD
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Dollar General | 795 Lafayette Rd
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