Barberton Retail Investment
For Sale
Contact for pricing
1230 Wooster Rd W, Barberton, OH
Retail property with strong sales and long-term tenant commitment.
Property Size11,876 SF
Lot Size2.94 Acres
Price / SF$60.83
Days on Market669
Property Features for 1230 Wooster Rd W
General Information
Standard status
Active
Size
11,876 SF
Lot size
2.94 Acres
Property subtype
RETAIL
Listing Agency:
Passov Real Estate Group
(614) 949-3460
Listed By:
Noah Dewhirst · License #SAL2023005727
(419) 283-8951
Source:
Moodyscre
Added: Oct 8, 2024
Changed: Jul 6
Last Checked: Aug 7 at 2:27AM
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 Passov Real Estate Group
Investment Insights
Based on property information with market context.
This retail property features a Family Dollar store with a corporate guaranty from Family Dollar Stores, Inc, which holds an S&P BBB credit rating. The property operates on a NNN lease structure. Family Dollar has been operating at this location since 2006, demonstrating a long-term commitment. An additional tenant, Attic Collectibles, is on a month-to-month lease with rent at $2.45 per square foot NNN, which is 50% below market rates. This presents an opportunity for the buyer to significantly enhance rental income. The property benefits from direct frontage to a road with 16,274 vehicles per day and is in close proximity to the signalized intersection of Wooster Road and 31st Street, which sees 25,545 vehicles per day. The lease includes 10% rental increases every 5 years. The property size is 11,876 square feet.
Key Highlights
- Corporate Guaranty from Family Dollar Stores, Inc (S&P BBB Credit)
- Strong Sales at this Family Dollar location
- NNN Lease Structure
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
145
Businesses Nearby
38k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 79%
Dining 21%
Circle K
Shops & Services
12,007 visits/mo
0.3 miles
Circle K
Shops & Services
11,253 visits/mo
0.3 miles
Circle K
Shops & Services
6,832 visits/mo
0.4 miles
Mr Hero
Dining
3,297 visits/mo
0.2 miles
SUBWAY
Dining
2,959 visits/mo
0.3 miles
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Retail property with strong sales and long-term tenant commitment.
Where is this storefront property located?
The property is located at 1230 Wooster Rd W Barberton, OH.
What is the asking price?
The asking price for this property is $722,422.
What are key features of this property?
This property features: Corporate Guaranty from Family Dollar Stores, Inc (S&P BBB Credit); Strong Sales at this Family Dollar location; NNN Lease Structure
