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Family Dollar 1750 S Main St

14,136 SF Retail Building Akron, OH 44301 £639,456 (£45/SF) 8.50% Net Initial Yield

Investment Highlights

  • ±5.25-Years remaining on a recently extended lease
  • Four, 3-Year renewal options remaining; all of which include a 7% rental increase
  • Family Dollar has successfully operated at this location since 2002, a 20 year operating history which further proves their success
  • Early lease renewals prove the tenants commitment to the location and market
  • The subject property is strategically located in a dense retail corridor; nearby traffic generations include Bridgestone Americas Tech
  • Traffic counts on Main St exceed ±19,000 vehicles daily

Executive Summary

Broker of Record
Kyle Matthews
License No. REC.2022007141 (OH)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
950 Main Ave.,
Suite 510, Cleveland, OH 44113

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,136 SF
Building Class
B
Year Built
1946
Price
£639,456
Price Per SF
£45
Net Initial Yield
8.50%
NOI
£54,354
Tenancy
Single
Number of Floors
1
Building FAR
0.42
Lot Size
0.77 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
Commercial - commercial
Parking
25 Spaces (1.77 Spaces per 1,000 SF Leased)
Frontage
204 ft on S Main St

Amenities

  • Signage

Links

1 of 1

Nearby Major Retailers

Ymca
KeyBank
World Gym
Marc's

PROPERTY TAXES

Parcel Number 67-22282 Improvements Assessment £239,267
Land Assessment £37,698 Total Assessment £276,965

PROPERTY TAXES

Parcel Number
67-22282
Land Assessment
£37,698
Improvements Assessment
£239,267
Total Assessment
£276,965
(214) 692-2289

Contact

  • Listing ID: 29395276

  • Date on Market: 29/08/2023

  • Last Updated:

  • Address: 1750 S Main St, Akron, OH 44301

The Retail Property at 1750 S Main St, Akron, OH 44301 is currently available for sale. Contact Matthews Real Estate Investment Services for more information.

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1750 S Main St, Akron, OH for sale Building Photo- Image 1 of 3
FAMILY DOLLAR AKRON OH WM
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© 2025 CoStar Group

Family Dollar | 1750 S Main St
(214) 692-2289 x

Family Dollar | 1750 S Main St

Josh Bishop

(214) 692-2289

(214) 692-2289

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