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Delaware Statutory Trust Acquires Dollar General Retail Property In Kent Ohio For $2.3M

Property Image
SOLD
$2,300,000

Ohio

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Retail10,566 SF
Sold 01/14/2026
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Property Image
SOLD

Delaware Statutory Trust Acquires Dollar General Retail Property In Kent Ohio For $2.3M

1154 Tallmadge Road

See Similar Deals
Retail10,566 SF
Sold 01/14/2026
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Summary

OHIO
Asset Type:Retail
Price Per Square Foot:$217
Total Square Footage:10,566 SF
Transaction Type:Sale

A retail property transaction involved the sale of a Dollar General located at 1154 Tallmadge Road in Kent, OH. The sale price was set at $2,300,000, with a total square footage of 10,566 and a price per square foot of $218.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,300,000
  • Address: 1154 Tallmadge Road
  • Market: Kent, OH
  • Square Feet: 10,566
  • Price Per Square Foot: $218
  • Buyer: Delaware Statutory Trust
  • Seller: Preferred Dollar General developer
  • Brokers: Randy Blankstein & Jimmy Goodman - The Boulder Group

The successful brokerage of this transaction was conducted by Randy Blankstein and Jimmy Goodman, who represented the seller, a preferred developer for Dollar General. This information outlines the key broker representatives facilitating the deal.

Players

Jimmy Goodman
65 deals$279.2M volume
BROKER

Randy Blankstein
The Boulder Group
70 deals$347.1M volume(847) 562-0003
BROKER

Details

SOLD
IMAGE: 01/14/2026 ADDRESS: 1154 Tallmadge Road MARKET: Kent, OH ASSET TYPE: Retail BROKERS: Randy Blankstein & Jimmy Goodman - The Boulder Group SALE PRICE: $2,300,000 SF: 10,566 ~ PPSF: $218 NOTE: The Boulder Group brokered the $2.3 million sale of a 10,566-square-foot Dollar General retail property at 1154 Tallmadge Road in Kent.Randy Blankstein and Jimmy Goodman represented the seller, a preferred Dollar General developer, while the buyer was a Delaware Statutory Trust.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$122,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,171.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,903.17
Annual Debt Service$130,838.08