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Family Dollar 50 S 2nd Ave

9,180 SF Retail Building Middleport, OH 45760 £450,486 (£49/SF) 5.50% Net Initial Yield

Investment Highlights

  • Located in the heart of Middleport, Ohio, in Meigs County.
  • The store is a key destination for local residents, providing essential groceries and a variety of other products.
  • This property occupies a prominent corner at South 2nd Avenue and Mill Street, benefiting from a daily traffic flow of 6,751 vehicles.

Executive Summary

The Hurd Net Lease Group with Marcus and Millichap is pleased to exclusively offer for sale the Family Dollar located at 50 South 2nd Ave, Middleport, Ohio. The investment is being offered at $566,350 which represents a 5.5% capitalization rate

Attachments

OM

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,180 SF
Building Class
C
Year Built
1989
Price
£450,486
Price Per SF
£49
Net Initial Yield
5.50%
NOI
£24,777
Tenancy
Single
Number of Floors
1
Building FAR
0.21
Lot Size
1.00 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.
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Nearby Major Retailers

Bob Evans Restaurants
Rent-A-Center

PROPERTY TAXES

Parcel Number 1501922000 Improvements Assessment £0
Land Assessment £2,776 Total Assessment £2,776

PROPERTY TAXES

Parcel Number
1501922000
Land Assessment
£2,776
Improvements Assessment
£0
Total Assessment
£2,776
(727) 550-7114

Contact

  • Listing ID: 34232536

  • Date on Market: 18/12/2024

  • Last Updated:

  • Address: 50 S 2nd Ave, Middleport, OH 45760

The Retail Property at 50 S 2nd Ave, Middleport, OH 45760 is currently available for sale. Contact Marcus & Millichap for more information.

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© 2024 CoStar Group

Family Dollar | 50 S 2nd Ave
(727) 550-7114 x

Family Dollar | 50 S 2nd Ave

Daniel Hurd

(727) 550-7114

(727) 550-7114

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