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1154 Tallmadge Road

Dollar General Sold In Kent Ohio For $2.314 Million With Randy Blankstein And Jimmy Goodman As Seller's Representatives
SOLDRetail

Dollar General Sold In Kent Ohio For $2.314 Million With Randy Blankstein And Jimmy Goodman As Seller's Representatives

1154 Tallmadge Road

$2,314,000

$219/SF

Building Size

10,566 SF

Asset Type

Retail

Closing

Dec 31, 2025

AI

The property involved in this transaction is a 10,566-square-foot retail asset located at 1154 Tallmadge Road in Kent, Ohio. It was sold for $2,314,000, equating to a price per square foot of $219. The asset is a single-tenant Dollar General situated near Interstate 76, benefiting from strong traffic and surrounding national retailers and new apartments.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,314,000
  • Square Footage: 10,566
  • Address: 1154 Tallmadge Road
  • Market: Kent, OH
  • Price per Square Foot: $219
  • Brokers: Randy Blankstein & Jimmy Goodman - The Boulder Group
  • Buyer: Delaware Statutory Trust

Randy Blankstein and Jimmy Goodman from The Boulder Group represented the seller in this transaction. The buyer, a Delaware Statutory Trust, acquired the property in a deal that highlights the interest in retail spaces with strong demographics and traffic patterns.

Players

Jimmy Goodman

The Boulder Group

Broker

$281.6M

vol

66 deals

Broker

Kent Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.86%

Cash-on-Cash

-1.96%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93