Single-Tenant Net-Leased Retail
New
For Sale
Contact for pricing
401 N Chapel Street, Louisville, OH 44641
Dollar Tree occupies a standalone retail property with a double-net lease structure and limited landlord obligations.
Property Size8,000 SF
Lot Size1.27 Acres
Price / SF$144.93
Days on Market5
Property Features for 401 N Chapel Street
General Information
Standard status
Active
Size
8,000 SF
Lot size
1.27 Acres
Property subtype
Retail
Financials
Asking Price
$1,159,442
Cap Rate
7.15%
Additional Details
Corner Location
Yes
Building Details
Year Built
2011
Buildings
1
Tenancy
Single
Listing Agency:
Keller Williams Legacy
Listed By:
Roberto LLana · License #0699950
Source:
Crexi
Added: Sep 1
Changed: Sep 4
Last Checked: Sep 4 at 2:08PM
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 Keller Williams Legacy
Investment Insights
Based on property information with market context.
This single-tenant retail property contains 8,000 rentable square feet on a 1.27-acre corner parcel at 401 N. Chapel Street in Louisville, Ohio. Constructed in 2011 for Family Dollar, the building was converted to the Dollar Tree brand in 2019.
The double-net lease assigns real estate taxes, HVAC repairs and replacement, and common area maintenance to the tenant. Landlord obligations are limited to the roof and structural components. The offering reflects a 7.15% capitalization rate and includes a retail location surrounded by dozens of national credit tenants.
The double-net lease assigns real estate taxes, HVAC repairs and replacement, and common area maintenance to the tenant. Landlord obligations are limited to the roof and structural components. The offering reflects a 7.15% capitalization rate and includes a retail location surrounded by dozens of national credit tenants.
Key Highlights
- 8,000 rentable square feet on a 1.27‑acre corner lot
- Dollar Tree occupies the single‑tenant retail property
- Built to suit in 2011 for Family Dollar; rebranded to Dollar Tree in 2019
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
381
Businesses Nearby
Explore this area
Business Placement
Demographics for 44641, OH
20,399
Population
8,412
Households
2.4
Avg Household Size
44
Median Age
25%
College-Educated
96%
High-School Grad
54.9 sq mi
ZIP Area
372
Density / Sq Mi
$78,128
Median Household Income
$42,035
Median Earnings
$834
Median Rent
$199,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Dollar Tree occupies a standalone retail property with a double-net lease structure and limited landlord obligations.
Where is this nnn property located?
The property is located at 401 N Chapel Street Louisville, OH.
What is the asking price?
The asking price for this property is $1,159,442.
What are key features of this property?
This property features: 8,000 rentable square feet on a 1.27‑acre corner lot; Dollar Tree occupies the single‑tenant retail property; Built to suit in 2011 for Family Dollar; rebranded to Dollar Tree in 2019
