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Dunham's Sports 2500 W State St

34,230 SF Retail Building Alliance, OH 44601 $2,300,000 ($67/SF) 8% Cap Rate

Investment Highlights

  • 34,230-SF Free-Standing Dunham's next to 2024 New Construction +/- 159,000-SF Meijer Supercenter
  • Nearly $1,000,000 in Dunham's Renovations Completed in 2023
  • Tenant Reports Sales Significantly Higher than the National Average
  • Former Mall Demolished and Dunham's Relocated to Free Standing Location Twice the Size of the Previous Location With Expanded Departments
  • Recent 10-Year Extension | Approximately 9 Years of Lease Term Remaining | Four 5-Year Options with Rent Increases Thereafter
  • Within Close Proximity to other National Tenants including: Meijer, Giant Eagle, Marc’s Grocery, Aldi, Walmart, Lowe’s, Starbucks, TJ Maxx, and More

Executive Summary

Former Mall Demolished and Dunham's Relocated to Free Standing Location Twice the Size of the Previous Location
With Expanded Departments

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
34,230 SF
Year Built
2024
Price
$2,300,000
Price Per SF
$67
Cap Rate
8%
NOI
$183,888
Tenancy
Single
Building Height
1 Story
Building FAR
0.39
Lot Size
2.00 AC

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Dunham's
  • -
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Dunham's - - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • A
  • 525 SF
  • Retail
  • In-Line
  • Now
  • B
  • 1,046 SF
  • Retail
  • In-Line
  • Now

Prime Retail Opportunity Inside Meijer – Store-Within-A-Store Leasing Discover an exceptional retail leasing opportunity located within high-traffic Meijer stores throughout the Midwest. These spaces provide tenants with prime, front-of-store locations that offer unparalleled visibility and access to thousands of customers every week. Ideal for businesses looking for strong foot traffic and exposure, this “Store-Within-A-Store” concept offers a range of benefits that make it a highly attractive retail location. Key Advantages: High-Traffic Front-of-Store Locations: Strategically placed for maximum visibility and customer interaction. Access to Thousands of Weekly Customers: Leverage Meijer’s steady flow of shoppers to drive business growth. All-Inclusive Monthly Fee: One simple monthly payment that covers real estate taxes, property insurance, CAM, and utilities. Branding Opportunities: Both interior and exterior signage on the building’s façade for added exposure. Exceptional Demographics: Located in thriving trade areas with desirable customer bases. Available Throughout the Midwest: Multiple vacancies in Meijer stores across key Midwest markets. Ideal for: Financial institutions (Banks & Credit Unions) Food and beverage (Coffee, Treats, QSRs) Service businesses (Pack & Ship, Repair Services, Dry Cleaning) Health and wellness (Medical, Optical, Chiropractors, Weight Management) Insurance, Real Estate, and more! For more information or to secure your spot, contact the broker today and take advantage of this unique opportunity to position your business in one of the Midwest’s most well-known retail destinations!

Space Size Space Use Position Available
A 525 SF Retail In-Line Now
B 1,046 SF Retail In-Line Now

A

Size
525 SF
Space Use
Retail
Position
In-Line
Available
Now

B

Size
1,046 SF
Space Use
Retail
Position
In-Line
Available
Now

B

Size 1,046 SF
Space Use Retail
Position In-Line
Available Now

Prime Retail Opportunity Inside Meijer – Store-Within-A-Store Leasing Discover an exceptional retail leasing opportunity located within high-traffic Meijer stores throughout the Midwest. These spaces provide tenants with prime, front-of-store locations that offer unparalleled visibility and access to thousands of customers every week. Ideal for businesses looking for strong foot traffic and exposure, this “Store-Within-A-Store” concept offers a range of benefits that make it a highly attractive retail location. Key Advantages: High-Traffic Front-of-Store Locations: Strategically placed for maximum visibility and customer interaction. Access to Thousands of Weekly Customers: Leverage Meijer’s steady flow of shoppers to drive business growth. All-Inclusive Monthly Fee: One simple monthly payment that covers real estate taxes, property insurance, CAM, and utilities. Branding Opportunities: Both interior and exterior signage on the building’s façade for added exposure. Exceptional Demographics: Located in thriving trade areas with desirable customer bases. Available Throughout the Midwest: Multiple vacancies in Meijer stores across key Midwest markets. Ideal for: Financial institutions (Banks & Credit Unions) Food and beverage (Coffee, Treats, QSRs) Service businesses (Pack & Ship, Repair Services, Dry Cleaning) Health and wellness (Medical, Optical, Chiropractors, Weight Management) Insurance, Real Estate, and more! For more information or to secure your spot, contact the broker today and take advantage of this unique opportunity to position your business in one of the Midwest’s most well-known retail destinations!

Nearby Major Retailers

Meijer
Woodforest Bank
Starbucks
Bob Evans Restaurants
Applebee's
Rent-A-Center
Marc's
ALDI
Texas Roadhouse
  • Listing ID: 32123127

  • Date on Market: 6/13/2024

  • Last Updated:

  • Address: 2500 W State St, Alliance, OH 44601

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