2188 E Market St | Akron, OH 44312
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2188 E Market St
Akron, OH 44312
Dollar Tree · Retail Property For Sale
Investment Highlights
- Located at the corner of East Market Street & Middlefield Road with multiple points of entry/access
- ±9,773 SF building situated on ±1.00 acres
- Offered at low rent/SF – strong credit asset at well below replacement cost
- Strong dollar store demographics in a densely populated market, just 5 minutes from downtown Akron, OH.
Executive Summary
Single-tenant net lease Dollar Tree property located in Akron, Ohio (Cleveland, OH MSA). New 2015 construction. NNN lease with ±6.5 years remaining and (3) 5-year renewal options.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,773 SF
Building Class
B
Year Built
2015
Price
$1,222,000
Price Per SF
$125
Cap Rate
8%
NOI
$97,760
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.02 AC
Zoning
Commercial
Parking
40 Spaces (4.09 Spaces per 1,000 SF Leased)
Frontage
217 FT on Market St
Amenities
- Signage
PROPERTY TAXES
| Parcel Number | 68-45524 | Improvements Assessment | $398,675 |
| Land Assessment | $68,282 | Total Assessment | $466,957 |
PROPERTY TAXES
Parcel Number
68-45524
Land Assessment
$68,282
Improvements Assessment
$398,675
Total Assessment
$466,957
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