1038 E Tallmadge Ave, Akron, OH 44310
Fee-simple sale of a freestanding Dollar Tree on Akron’s retail corridor with access to the SR-8 interchange.
- Added:
- Jun 19, 2026
- Days on Market:
- 9
- Last Refresh:
- Jun 24 at 4:46 am
Property Features for 1038 E Tallmadge Ave
General Information
- Standard status
- Active
- Size
- 10,010 SF
- Property subtype
- RETAIL
Listing office Goodman Real Estate (216) 386-5576
Listing date Jun 19, 2026
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Goodman Real Estate
HighLights
- 100% fee‑simple interest in freestanding Dollar Tree (Store #5760) at 1038 E Tallmadge Ave, Akron, OH 44310
- Located on the East Tallmadge Avenue retail corridor with access to the SR‑8 Tallmadge Avenue interchange
- Immediate proximity to the OhioMeansJobs Summit County Center next door
- Near the established Howe Avenue retail node featuring Home Depot, Giant Eagle, and Marc’s
Overview
The property is situated along the East Tallmadge Avenue retail corridor in Akron’s North Hill neighborhood. It is positioned for convenient access to the SR-8 Tallmadge Avenue interchange and benefits from nearby established retail, including the OhioMeansJobs Summit County Center next door and the Howe Avenue retail node with Home Depot, Giant Eagle, and Marc’s.
For tenants and investors considering value-oriented retail exposure, this asset is tied to an essential-goods retail model operating in a dense urban infill setting. The surrounding area is supported by major regional employers and institutions, including Goodyear Tire & Rubber’s global headquarters, Summa Health’s Akron Campus, Akron Children’s Hospital, and the University of Akron.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $167.0k | $16.68 |
| − Vacancy | −$5.5k | −$0.55 |
| EGI | $161.5k | $16.13 |
| − OpEx | −$48.4k | −$4.84 |
| NOI | $113.0k | $11.29 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Akron
- County
- Summit
- State
- Ohio
- Longitude
- -81.4773142
- Latitude
- 41.1016879
