Listing Agency: Fortis Net Lease

Listed By: Kyle Carson · License #MI 6501384480

Source: Crexi

Added: Jul 21 Changed: Aug 13 Last Checked: Aug 20 at 9:18PM

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Investment Insights

Based on property information with market context.

This for-sale retail property is presented with an 8.40% capitalization rate and includes 8,320 SF of retail space. The offering is tied to the subject asset’s income performance as stated in the public remarks.

The property is located at 647 Main Street in Middleport, OH 45760, providing a straightforward retail footprint along Main Street.

Key Highlights

• Retail property offered with an 8.40% capitalization rate (CAP)
• Includes 8,320 SF of retail space

Property Analytics

Current Use

Family Dollar Discount Store

Suggested Use

Top Pick Building Supply Electrical Service Plumbing Service Big Box & Wholesale Store Kitchen & Bath Showroom Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

18

Businesses Nearby

Explore this area Business Placement

Demographics for 45760, OH

3,309

Population

1,886

Households

1.8

Avg Household Size

46

Median Age

7%

College-Educated

82%

High-School Grad

20.4 sq mi

ZIP Area

162

Density / Sq Mi

$37,014

Median Household Income

$25,517

Median Earnings

$674

Median Rent

$82,100

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - For sale retail property offered with an 8.40% capitalization rate.

Where is this retail space located?

The property is located at 647 Main Street Middleport, OH.

What are key features of this property?

This property features: Retail property offered with an 8.40% capitalization rate (CAP); Includes 8,320 SF of retail space