Family Dollar | 1230 Main St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Family Dollar 1230 Main St
8,000 SF Retail Building Wellsville, OH 43968 £382,530 (£48/SF) 9% Net Initial Yield
Investment Highlights
- Double Net (NN) Lease | Minimal Landlord Responsibilities
- Corporate Guarantee (NASDAQ: DLTR)
- 25+ Year Operating History | Tenant is Currently in Their Third Option Period
- The landlord is only responsible for the roof and structure of the building, allowing for ease of management.
- The lease is corporately guaranteed by Dollar Tree (S&P: BBB), a Fortune 500 company that operates over 15,000 stores throughout 48 states and Canada.
- The tenant has been operating at this site for approximately 25 years, and is currently in their third option period, exhibiting strong commitment to
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Family
Dollar located at 1230 Main St., Wellsville, OH 43953. The site
consists of roughly 8,000 rentable square feet of building space
on an estimated 0.78-acre parcel of land. This Family Dollar is
subject to a 20-year Double Net (NN) lease, which commenced
10/28/1999. The current annual rent is $44,000 and has
scheduled increases of Throughout Options: 10% Every 5 Years.
Dollar located at 1230 Main St., Wellsville, OH 43953. The site
consists of roughly 8,000 rentable square feet of building space
on an estimated 0.78-acre parcel of land. This Family Dollar is
subject to a 20-year Double Net (NN) lease, which commenced
10/28/1999. The current annual rent is $44,000 and has
scheduled increases of Throughout Options: 10% Every 5 Years.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Building Class
C
Year Built
2000
Price
£382,530
Price Per SF
£48
Net Initial Yield
9%
NOI
£34,428
Tenancy
Single
Number of Floors
1
Building FAR
0.24
Land Acres
0.78 AC
Opportunity Zone
Yes
PROPERTY TAXES
| Parcel Number | 8403561000 | Improvements Assessment | £79,560 |
| Land Assessment | £8,795 | Total Assessment | £88,354 |
PROPERTY TAXES
Parcel Number
8403561000
Land Assessment
£8,795
Improvements Assessment
£79,560
Total Assessment
£88,354
-
Power Broker Glen Kunofsky -
Judson Kauffman -
Hannan Ben Yosef -
Matthew Sorace -
NNN Pro Group
1 of 3
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Family Dollar | 1230 Main St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.