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Elyria, OH - Dollar General

$675,000

477 Oberlin Elyria Rd, Elyria, OH 44035

Active
Last Updated: 09/17/2026

8

Cap Rate

54,000

NOI

Details:
Cap Rate:    8%
NOI:    $54,000
Building Size:    8,125 sqft
Lot Area:    0.84 acres
Occupancy:    100%
Year Built:    2003
Floors:    1
Description:

• Dollar General has operated at this location for 23+ years and has 3+ years remaining on their current lease
• The lease is corporate guaranteed by Dollar General, Corp., an investment grade (S&P: BBB), nationally recognized, and an established discount store with 21,055 locations as of May 2026

• Positioned directly on Oberlin-Elyria Road (10,000+ vehicles per day) providing access to an established residential area
• The city of Elyria is making improvements along Positioned directly on Oberlin-Elyria Road, including a redesigned three-lane roadway, dedicated turn lanes, and pedestrian improvements to provide easier access along the corridor
• The immediate trade area is supported by surrounding retailers such as McDonald’s, Domino’s Pizza, Taco Bell, Burger King, Walmart, Rural King, and more
• The asset has excellent visibility via street frontage on Oberlin-Elyria Road providing ease and convenience for customers

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