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    1139 W Market St Warren, OH 44483

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    For Sale
    $1,197,605

    NNN Family Dollar property with a new 10-year lease.

    Property size:
    8,320 SF
    Lot size:
    0.88 Acres

    Property Features for 1139 W Market St

    General Information

    Size
    8,320 SF
    Lot size
    0.88 Acres

    Source: Matthews Real Estate Investment Services | Dallas Agent Josh Bishop

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Family Dollar Investment Opportunity

    This property was built in 2012 as a build-to-suit for Family Dollar. The tenant has recently extended their lease to a new full 10-year term. Family Dollar has operated successfully at this location for 12 years. There are four, 5-year renewal options remaining, all of which include a 10% rent increase. The property experiences approximately 13,751 vehicles daily at the intersection of W Market St. The 3-mile population is approximately 40,537 residents, and the 5-mile population is approximately 70,492 residents. Dollar Tree acquired Family Dollar in 2015, and they are considered the second-largest discount retailer in the United States with more than 16,000 locations. Dollar Tree is one of the retailers that thrived through the COVID pandemic and witnessed a sharp increase in same-store sales and profitability. The property is occupied by an investment-grade credit tenant with an S&P rating of BBB. The property size is 8,320 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Family Dollar Dollar Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

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    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Trumbull
    State
    Ohio
    Longitude
    -80.8334554
    Latitude
    41.2339395

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    FAQs

    What type of property is this?
    Grocery and convenience store - NNN Family Dollar property with a new 10-year lease.
    Where is this grocery and convenience store located?
    The property is located at 1139 W Market St Warren, OH.
    What is the asking price?
    The asking price for this property is $1,197,605.
    What are key features of this property?
    This property features: - Strong corporately guaranteed lease with Investment Grade Credit Tenant – S&P Rated BBB.; - Tenant (Family Dollar) recently extended their lease to a new full 10-year term.; - Family Dollar has successfully operated at this location for 12 years.
    (315) 730-6228
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1139 W Market St Warren, OH 44483
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