6670 Us-20ADelta, OH 43515
- Retail properties
- 1.12 AC
Property Details for 6670 Us-20A
- Year built
- 2007
- Lot size
- 1.12 AC
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This fee-simple retail property in Delta, Ohio, offers a compelling investment opportunity. The 10,651 square foot building, constructed in 2007, sits on a 1.12-acre lot and is currently leased to Dollar General under a Net Net (NN) lease with eight years remaining until the lease expires on June 30, 2032. The lease commenced June 18, 2022, and includes two 5-year renewal options. Dollar General, a highly rated investment-grade tenant (BBB rating from S&P), enjoys a strong market presence with approximately 21,000 locations and a market capitalization exceeding $20 billion. The property benefits from its strategic location less than two miles from Interstate 80, a major thoroughfare with an average daily traffic count of approximately 24,800 vehicles. Delta, Ohio is conveniently located approximately 25 miles west of Toledo, Ohio. This stabilized investment offers an attractive 8.25% cap rate and presents a secure, long-term income stream. The asking price is $909,091.
Location Insight
- City
- Delta
- County
- Fulton
- State
- Ohio
- Latitude
- 41.574
- Longitude
- -83.993
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