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Family Dollar 1750 S Main St

14,136 SF Retail Building Akron, OH 44301 $1,147,256 CAD ($81 CAD/SF) 8.50% Cap Rate

Retail Buildings Ohio Akron 1750 S Main St, Akron, OH 44301

Investment Highlights

  • ±5.25-Years remaining on a recently extended lease
  • Four, 3-Year renewal options remaining; all of which include a 7% rental increase
  • Family Dollar has successfully operated at this location since 2002, a 20 year operating history which further proves their success
  • Early lease renewals prove the tenants commitment to the location and market
  • The subject property is strategically located in a dense retail corridor; nearby traffic generations include Bridgestone Americas Tech
  • Traffic counts on Main St exceed ±19,000 vehicles daily

Executive Summary

Broker of Record
Kyle Matthews
License No. REC.2022007141 (OH)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
950 Main Ave.,
Suite 510, Cleveland, OH 44113

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,136 SF
Building Class
B
Year Built
1946
Price
$1,147,256 CAD
Price Per SF
$81 CAD
Cap Rate
8.50%
NOI
$97,517 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.42
Lot Size
0.77 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.
Zoning
Commercial - commercial
Parking
25 Spaces (1.77 Spaces per 1,000 SF Leased)
Frontage
204 ft on S Main St

Amenities

  • Signage

Links

1 of 1

Nearby Major Retailers

Ymca
KeyBank
Marc's
World Gym

PROPERTY TAXES

Parcel Number 67-22282 Improvements Assessment $429,272 CAD
Land Assessment $67,635 CAD Total Assessment $496,907 CAD

PROPERTY TAXES

Parcel Number
67-22282
Land Assessment
$67,635 CAD
Improvements Assessment
$429,272 CAD
Total Assessment
$496,907 CAD
(214) 692-2289

Contact

  • Listing ID: 29395276

  • Date on Market: 2023-08-29

  • Last Updated:

  • Address: 1750 S Main St, Akron, OH 44301

The Retail Property at 1750 S Main St, Akron, OH 44301 is currently available for sale. Contact Matthews Real Estate Investment Services for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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1750 S Main St, Akron, OH for sale Building Photo- Image 1 of 3
FAMILY DOLLAR AKRON OH WM
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Family Dollar | 1750 S Main St
(214) 692-2289 x

Family Dollar | 1750 S Main St

Josh Bishop

(214) 692-2289

(214) 692-2289

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