Family Dollar | 267 N Wabash Ave
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Family Dollar 267 N Wabash Ave
8,000 SF Retail Building Brewster, OH 44613 $490,000 ($61/SF) 9% Cap Rate
Investment Highlights
- 6.2 Years of Lease Term Remaining
- NNN Lease Structure
- Direct Access and Frontage to 6,130 Vehicles Per Day (Highest in Brewster)
- Corporate Guaranty from Family Dollar Stores, Inc (S&P BBB Credit)
- Easily Replaceable Rent at $5.51/sf
- 17% Rent Increase in 2031
Executive Summary
• 6.2 Years of Lease Term Remaining
• Corporate Guaranty from Family Dollar Stores, Inc (S&P BBB Credit)
• NNN Lease Structure
• Easily Replaceable Rent at $5.51/sf
• Direct Access and Frontage to 6,130 Vehicles Per Day (Highest in Brewster)
• 17% Rent Increase in 2031
• Zero Competition Nearby – Subject Property is the Only Dollar Store within 6 Miles
• Directly adjacent to Wheeling & Lake Erie Railway Company Headquarters
• Corporate Guaranty from Family Dollar Stores, Inc (S&P BBB Credit)
• NNN Lease Structure
• Easily Replaceable Rent at $5.51/sf
• Direct Access and Frontage to 6,130 Vehicles Per Day (Highest in Brewster)
• 17% Rent Increase in 2031
• Zero Competition Nearby – Subject Property is the Only Dollar Store within 6 Miles
• Directly adjacent to Wheeling & Lake Erie Railway Company Headquarters
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Building Class
C
Year Built
2002
Price
$490,000
Price Per SF
$61
Cap Rate
9%
NOI
$44,100
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.00 AC
Zoning
B-2
Parking
44 Spaces (5.5 Spaces per 1,000 SF Leased)
Frontage
166 FT on N Wabash Ave
PROPERTY TAXES
| Parcel Number | 07001776 | Improvements Assessment | $160,720 |
| Land Assessment | $100,420 | Total Assessment | $261,140 |
PROPERTY TAXES
Parcel Number
07001776
Land Assessment
$100,420
Improvements Assessment
$160,720
Total Assessment
$261,140
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Family Dollar | 267 N Wabash Ave
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