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- LoopNet Team
2373-2383 W Broad St
Columbus, OH 43204
Family Dollar with 7.5 Yrs of Term|New Const. · Retail Property For Sale
PROPERTY FACTS
- 129 FT on S Wayne Ave
- 150 FT on W Broad St
Amenities
- Signalized Intersection
About 2373-2383 W Broad St , Columbus, OH 43204
The Cooper Commercial Investment Group has been exclusively retained by ownership to sell the 100% fee simple interest in the single-tenant Family Dollar location (NASDAQ: DLTR/Moody’s “Ba1”/S&P “BB+”) located in the densely populated Columbus, Ohio. The 9,180 S.F. property is being offered for $1,955,000, representing a 7.50% CAP Rate. Family Dollar is on a NNN lease structure and recently executed a 10-year lease on the newly built property (2015). The tenant handles all on-site maintenance directly leaving the owner with minimal management responsibilities. The Family Dollar’s store has several attributes creating a highly desirable asset, but one of the most beneficial is its position on West Broad Street, one of the most well-known roadways in Columbus. The property is situated just 3.5 miles from Downtown Columbus and only 7 miles from The Ohio State University, boasting 66,000 students. Additional attributes to the Family Dollar is its position in a neighborhood community surrounded by complimentary retailers in an ideal residential community with average household incomes over $60,000 within a 3-mile radius.
Links
PROPERTY TAXES
Parcel Number | 010-018152 | Improvements Assessment | $297,780 |
Land Assessment | $45,360 | Total Assessment | $343,140 |
PROPERTY TAXES
Learn More About Investing in Retail Properties
Listing ID: 11341919
Date on Market: 1/23/2018
Last Updated:
Address: 2373-2383 W Broad St, Columbus, OH 43204
The Retail Property at 2373-2383 W Broad St, Columbus, OH 43204 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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