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Family Dollar 7550 Oh-7 8,048 sq ft Retail Property Proctorville, OH 45669 £737,712 (£91.66/sq ft) 7.25% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • NN Lease/Minimal Landlord Responsibilities
  • Average Annual HH Income exceeds $75K within a 5 Mile Radius
  • High Visibility with over 17,000 Vehicles Per Day
  • Population exceeds 25K Residents within a 3 Mile Radius

EXECUTIVE SUMMARY

Exclusive Realty is pleased to present a prime investment opportunity in the vibrant Proctorville area! This 8,048 SF Family Dollar presents a compelling proposition for retail/street retail investors, boasting a prime location and 100% occupancy. With its spacious layout, the property offers an ideal setting for retail businesses to thrive, accommodating a range of retail concepts to cater to the dynamic local market. Enjoy the advantages of a fully leased property in a desirable location, providing a strong foundation for a lucrative retail investment. Seize the opportunity to add this high-performing asset to your portfolio.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Local Shop
Property Size
8,048 sq ft
Costar Property Class
C
Year Built
1998
Price
£737,712
Price per sq ft
£91.66
Yield
7.25%
NOI
£53,484
Tenancy
Single
Number of Floors
1
Plot ratio
0.14
Total Plot Size
1.35 ac
Use Class
C-1 - Commercial
Parking
15 Spaces (1.86 Spaces per 1,000 sq ft Leased)
Frontage
119 ft on Ohio-7 Hwy

NEARBY MAJOR RETAILERS

FoodFair
Peoples Bank
WesBanco
City National Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 18-243-3800-000
  • 18-243-4100-000
  • 18-243-4500-000
  • 18-243-3700-000
  • 18-243-4200-000
  • 18-243-4400-000
  • 18-243-4300-000
Land Assessment
£22,052
Improvements Assessment
£219,076
Total Assessment
£241,127
  • Listing ID: 34095854

  • Date on Market: 05/12/2024

  • Last Updated:

  • Address: 7550 Oh-7, Proctorville, OH 45669

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