Family Dollar 1154 W State St
10,500 SF Retail Building Fremont, OH 43420 $711,765 ($67.79/SF) 8.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Located on the main retail corridor
- Highly Populated Residential Area
- Directly South of Fremont Ross High School
- Near numerous other national brands
EXECUTIVE SUMMARY
Colliers is pleased to offer an exceptional investment opportunity: the sale of a Family Dollar property located at 1154 West State Street, Fremont, OH. Situated along the primary retail corridor just South of Fremont Ross High School, this property boasts a prime location with high visibility and accessibility.
The building enjoys strong sales performance, underscoring its significance as a valuable retail asset within the area.
Offered at $711,765, this low price point makes this asset a very attractive investment. A compelling 8.50% capitalization rate with a net operating income of $60,500, makes this asset affordable with above averag returns.
The sale opportunity of the Family Dollar property at 1154 West State St. Fremont, OH represents a strong investment with a prime location, strong sales performance, and favorable financial metrics. Don’t miss out on the chance to secure this promising asset.
The building enjoys strong sales performance, underscoring its significance as a valuable retail asset within the area.
Offered at $711,765, this low price point makes this asset a very attractive investment. A compelling 8.50% capitalization rate with a net operating income of $60,500, makes this asset affordable with above averag returns.
The sale opportunity of the Family Dollar property at 1154 West State St. Fremont, OH represents a strong investment with a prime location, strong sales performance, and favorable financial metrics. Don’t miss out on the chance to secure this promising asset.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,500 SF
Building Class
B
Year Built
2001
Price
$711,765
Price Per SF
$67.79
Cap Rate
8.50%
NOI
$60,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.35
Lot Size
0.69 AC
Zoning
B-2 - General Business District
AMENITIES
- Signage
- Air Conditioning
Walk Score®
Very Walkable (76)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 34-50-00-1394-01 | Improvements Assessment | $123,100 |
| Land Assessment | $37,350 | Total Assessment | $160,450 |
