For Sale1 / 3Retail – Discount / GrocerySwanton, OHCode AMC-5818
Dollar General – Swanton, OH
385 W Airport Hwy, Swanton, OH 43558
Asking price
Property details
- Tenant
- Dollar General
- Property type
- Retail – Discount / Grocery
- Lease type
- NN+
- Lease guarantee
- Credit Rated, Corporate Guarantee
- Listing code
- AMC-5818
- Views
- 1
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
Sale description
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.
Published Sep 29, 2026. Information is provided by AMC REIS from sources believed reliable; buyers should verify all figures in the offering memorandum.
Location
385 W Airport Hwy, Swanton, OH 43558
Pin placed from the listed street address. Site boundaries and conditions are described in the offering memorandum.
Open in Google MapsDemographics
Population and average household income by radius from the site, as marketed.
| Radius from site | Population | Average income |
|---|---|---|
| 3 Mile | 6,934 | $84,316 |
| 5 Mile | 12,498 | $88,105 |
| 10 Mile | 62,884 | $116,000 |
Listing brokers

- BB
Investment calculator
Model the deal with your own down payment, rate and amortization. NOI, debt service, cash-on-cash return and DSCR update instantly.
Your scenario
Pre-filled from the asking price; adjust to model an offer.
NOI = price × cap rate · marketed NOI $66,068
All-cash at 100%Loan $490,791 · LTV 65%
Estimated returns
- Equity
- $264,272
- Loan
- $490,791
- Net operating income (annual)
- $66,068
- Monthly debt payment
- $3,391
- Annual debt service
- $40,691
- Cash flow after debt service
- $25,377
- Cash-on-cash return
- 9.6%
- Debt service coverage (DSCR)
- 1.62×
Estimates for Dollar General – Swanton, OH only; not an offer of financing. Lender terms, closing costs, reserves and taxes vary. NNN leases shift operating expenses to the tenant, so NOI is modelled as price × cap rate.




