Skip to content
Homepage
  • Market
    • Illinois
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Events
  • Sector
    • CRE
    • Education
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Real Estate Awards
  • Subscribe
  • Publications
OhioNet LeaseRetail

Hanley Investment Group sells pair of Dollar General stores in Ohio

March 25, 2021
Share on Facebook Share on Twitter Share on LinkedIn Share via email

Hanley Investment Group Real Estate Advisors has arranged the sale of two new-construction single-tenant Dollar General properties in Ohio in separate transactions. The two build-to-suit properties were located in Windham and Bradner, Ohio, and sold for a combined consideration of $3.1 million.

Hanley Investment Group’s senior associate Beau Velten, along with executive vice presidents Jeff Lefko and Bill Asher, in conjunction with ParaSell, Inc., represented the buyer, a private 1031 exchange buyer based in San Diego, California, in both transactions.

The seller and developer of both properties, Zaremba Group of Lakewood, Ohio, was represented by Doug Holtzman and Tori Nook of Anchor Cleveland in Beachwood, Ohio.

The Dollar General store in Windham is a freestanding 10,566-square-foot Dollar General Plus store at 9132 N. Main St. and Maple Grove Road, a hard corner intersection. The sale price was $1.648 million.

The Dollar General Plus store is a relocation and expansion of an existing Dollar General from across the street into the Dollar General Plus model, which offers more grocery services and products than a traditional Dollar General. The 1.52-acre property, which is surrounded by residential, is also a half-mile from Windham High School and a quarter mile from Katherine Thomas Elementary School. The population count within a five-mile radius of the store is estimated to be 12,314.

The second Dollar General store that the buyer purchased was a freestanding 9,026-square-foot store at 1107 Bowling Green Road (U.S. Route 6) in Bradner, a small, largely residential community in Wood County that is part of the Toledo metropolitan area. The sale price was $1.458 million.

The property sits on 2.04 acres and is located across the street from a Fuel Mart commercial fueling station and a large convenience store. The site is also 10 miles from Bowling Green State University with about 14,000 undergraduate students. There are more than 13,000 people within a seven-mile radius of the Dollar General store and nearly 102,000 people within a 15-mile radius.

Tags
BradnerDollar GenrealHanley Investment GroupWindham
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
MissouriCRE

St. Louis’ S.M. Wilson & Co. boosts technology department with two key moves

May 26, 2023
IllinoisNationalOffice

VIDEO: Want to improve young employees’ career development? Here is the solution

Mia GoulartMay 26, 2023
IllinoisCRE

Lendlease adds Nick Iselin to lead Central U.S.

May 26, 2023
MidwestCRE

Millennial Title, Access Title complete merger

May 26, 2023

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Education
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Contact Us
  • Events
  • Office Locations
  • Advertise
© 2023 REjournals.com