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30883701
30922612

385 W Airport Hwy, Swanton, OH 43558

AI
MI MI 6501442625
AMC Real Estate
CM
MI 6501448006
AMC Real Estate
Listed by AMC Real Estate
$734,088
114 days on market
Updated 23 days ago

Dollar General - Swanton, Ohio

Details
Property Type Retail
Sub Type Convenience Store, Grocery Store (+1)
Square Footage 9,014
Cap Rate 9%
NOI $66,068
Tenancy Single
Brand/Tenant Dollar General
Lease Type NN+
Price per SqFt $81
Year Built 2005
Acreage 1.000
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Ground Lease No

Remodeled in late 2025 | 9.00% CAP | 9,014 SqFt

Marketing description

AMC Real Estate Investment Services is pleased to offer for sale a single-tenant Dollar General located at 385 W Airport Hwy, Swanton, Ohio. The property is fully leased to Dollar General, a nationally recognized, necessity-based discount retailer providing everyday essentials to the surrounding community. Dollar General’s value-oriented operating model and extensive national footprint support consistent performance across economic cycles and reinforce the tenant’s long-term viability.

The property is strategically positioned along Airport Highway (US-20), one of Northwest Ohio’s primary commercial corridors, with traffic counts of approximately ±13,100 vehicles per day. This high-visibility location offers convenient access and strong pass-by exposure, generating steady neighborhood and commuter traffic that aligns directly with Dollar General’s high-frequency, convenience-driven business model.

The site benefits from its location within Fulton County and the greater Toledo metropolitan area, with proximity to Toledo, Perrysburg, and Southeast Michigan. The surrounding trade area is supported by a diversified employment base driven by manufacturing, logistics, transportation, and healthcare, providing a stable consumer base for necessity-based retail.

This offering presents investors with the opportunity to acquire a stabilized, single-tenant net-leased asset backed by an essential retailer in a supply-constrained corridor. With predictable cash flow, minimal landlord management responsibilities, and durable market fundamentals, the property is well suited for passive investors and 1031 exchange buyers seeking long-term stability.

Investment highlights

  • Dollar General has been operating at this location since July 01, 2005

  • The property is part of the Toledo Metropolitan Statistical Area (MSA), which has a population of approximately 600,000, providing a strong regional market with diverse economic opportunities.

  • Located just 4 miles from Eugene F. Kranz Toledo Express Airport

  • Surrounded by residential developments and a strong industrial base

  • Affluent Location with Average Annual HH Incomes Exceed $116K+ in a 10 Mile Radius of the Site

Listing Contacts

AI
MI MI 6501442625
AMC Real Estate
CM
MI 6501448006
AMC Real Estate
Listed by AMC Real Estate

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$66,068.00
$5,505.67/mo

Valuation Metrics

0
DSCR
9%
Cap Rate
9%
ROI

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