2188 E Market St | Akron, OH 44312
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2188 E Market St
Akron, OH 44312
Dollar Tree · Retail Property For Sale
Investment Highlights
- Located at the corner of East Market Street & Middlefield Road with multiple points of entry/access
- ±9,773 SF building situated on ±1.00 acres
- Offered at low rent/SF – strong credit asset at well below replacement cost
- Strong dollar store demographics in a densely populated market, just 5 minutes from downtown Akron, OH.
Executive Summary
Single-tenant net lease Dollar Tree property located in Akron, Ohio (Cleveland, OH MSA). New 2015 construction. NNN lease with ±6.5 years remaining and (3) 5-year renewal options.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,773 SF
Building Class
B
Year Built
2015
Price
£957,193
Price Per SF
£98
Net Initial Yield
8%
NOI
£76,575
Tenancy
Single
Number of Floors
1
Building FAR
0.22
Lot Size
1.02 AC
Zoning
Commercial
Parking
40 Spaces (4.09 Spaces per 1,000 SF Leased)
Frontage
217 ft on Market St
Amenities
- Signage
PROPERTY TAXES
| Parcel Number | 68-45524 | Improvements Assessment | £312,282 |
| Land Assessment | £53,485 | Total Assessment | £365,767 |
PROPERTY TAXES
Parcel Number
68-45524
Land Assessment
£53,485
Improvements Assessment
£312,282
Total Assessment
£365,767
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