3819 Shawnee RdLima, OH 45806
High-traffic Lima, OH storefront. Strong tenant.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 114
Highlights
- High-traffic location in Lima, OH, the largest city in Allen County, with a population of approximately 45,053 within a 5-mile radius.
- Property located on Shawnee Rd. with approximately 14,532 vehicles per day (VPD), one mile from I-75 (approximately 38,892 VPD).
- Dollar General recently extended its lease by five years, demonstrating strong commitment to the location.
- Attractive 8.50% cap rate with a stabilized, investment-grade credit tenant (Dollar General, S&P rating BBB).
- Dollar General, a national retailer with a market capitalization exceeding $20 billion.
- Dollar General's performance during the COVID-19 pandemic highlights its status as an essential retailer.
Property Details for 3819 Shawnee Rd
- Property type
- Retail properties, Retail space
- Year Built
- 2007
- Lot Size (sq. ft)
- 49,223 SF
Location Insight
- City
- Lima
- County
- Allen
- State
- Ohio
- Latitude
- 40.6842201
- Longitude
- -84.1505519
Nearby Similar for Sale
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