308 E Main St - Freestanding FOR SALE


Amanda, OH 43102
$1,218,060 USD
614-570-4221
308 E Main St, Amanda, OH for Sale
$1,218,060 USD
Freestanding - FOR SALE
1/6
null | 7% Cap Rate

308 E Main St
Amanda, OH 43102


OVERVIEW

Family Dollar Absolute Triple Net Lease with Zero Landlord Responsibilities. Over 7 years left on Original 15 Year Term. Six 5-year Extension Terms with 10% Rent Increases Tenant is a wholly owned subsidiary of Dollar Tree, Inc. a publicly traded company (Nasdaq: DLTR), Ranked 137 on the Fortune 500 Constructed in 2016 10% rental escalation in April 2027 and in each of the six 5-year renewal extension periods Strategically located on Main Street adjacent to the Amanda High School to boost store performance and encourage Tenant to exercise lease options. Columbus MSA (25 miles to I-270 Outerbelt)

FOR SALE DETAILS

PRICE

$1,218,060 USD

PRICE/SF

$146 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar- Amanda OH

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

C

APN/PARCEL ID

00-30075-820

ASK ABOUT THIS PROPERTY

Shad PhippsPhipps Realty AdvisorsMore Info
614-570-4221

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Shad PhippsPhipps Realty AdvisorsMore Info
614-570-4221

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