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330 E North St, McClure, OH, 43534

Dollar General
Closed

Key Information

Year Built
2018
Type
Retail

Highlights

  • 2018 build-to-suit construction for Dollar General
  • Dollar General has approximately ±8.25 years remaining on its initial 15- year lease term, with three (3) additional five-year option periods
  • The lease features 10% rental increases at the start of each option period, ensuring NOI growth and providing a hedge against inflation
  • Absolute NNN lease structure with zero landlord responsibilities—the tenant covers all expenses, including CAM, taxes, insurance, and property maintenance
  • The site benefits from excellent visibility, with significant street frontage and a large pylon sign ensuring strong exposure
  • Minimal competition in the 5-mile trade area, making this location a key retail destination for local consumers
  • Nearly 22,000 residents and 8,500 daytime employees support the local economy, driving consistent customer traffic
  • Average household income of $77,000, reflecting a solid consumer base with strong purchasing power
  • Dollar General boasts an investment grade credit rating of BBB (S&P).
  • Dollar General has ±21,000 locations and plans to continue their expansion for the foreseeable future.
  • Dollar General has been considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic

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