1230 Main St - Freestanding FOR SALE


Wellsville, OH 43968
$488,888 USD
332-345-4222
1230 Main St, Wellsville, OH for Sale
$488,888 USD
Freestanding - FOR SALE
1/2
null | 9% Cap Rate

1230 Main St
Wellsville, OH 43968


HIGHLIGHTS

  • Double Net (NN) Lease | Minimal Landlord Responsibilities
  • The landlord is only responsible for the roof and structure of the building, allowing for ease of management.
  • Corporate Guarantee (NASDAQ: DLTR)
  • 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.
  • 25+ Year Operating History | Tenant is Currently in Their Third Option Period
  • The tenant has been operating at this site for approximately 25 years, and is currently in their third option period, exhibiting strong commitment to

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$488,888 USD

PRICE/SF

$61 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,803 SF

ZONING

-

APN/PARCEL ID

8403561000

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.