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NNN Family Dollar Property
For Sale
Contact for pricing
Pending

566 Wabash Ave NW, New Philadelphia, OH 44663

Retail property leased to Family Dollar with tenant-paid operating expenses.

Property SizeContact for details
Days on Market142

Property Features for 566 Wabash Ave NW

General Information

Standard status Pending
Property subtype Retail

Additional Details

Gross Income $96,800

Building Details

Tenancy Single
Listing Agency: Howard Hanna
Listed By: Bill Walsh · License #OH
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 2:58AM

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 Howard Hanna

Investment Insights

Based on property information with market context.

This NNN retail property at 566 Wabash Ave NW in New Philadelphia, Ohio is occupied by Family Dollar. The tenant renewed for a 5-year extension in March 2023, with 4 additional 5-year extensions in place. Family Dollar is responsible for property taxes, insurance, and maintenance under the lease structure. The owner retains responsibility for the roof and exterior walls. The lease profile and defined allocation of operating obligations provide a straightforward framework for evaluating the property as a net-leased retail asset.

Key Highlights

  • Family Dollar occupies the retail property
  • 5‑year lease extension renewed in March of 2023
  • 4 additional 5‑year extensions are in place

Property Analytics

Current Use

Family Dollar Discount Store

Suggested Use

Top Pick Cafe & Coffee Shop Storage Facility Dental Office Grocery & Convenience Store (Bike/Boat/Book/etc) Store Catering Service

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

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

535
Businesses Nearby
115k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 52% Groceries 32% Shops & Services 15% Beauty & Spa 1%
Giant Eagle Supermarket Groceries
36,185 visits/mo 0.4 miles
McDonald's Dining
22,374 visits/mo 0.4 miles
Wendy's Dining
16,509 visits/mo 0.3 miles
Burger King Dining
11,716 visits/mo 0.4 miles
Family Dollar Shops & Services
7,742 visits/mo 0.1 miles

Demographics for 44663, OH

25,601
Population
11,702
Households
2.2
Avg Household Size
43
Median Age
21%
College-Educated
91%
High-School Grad
96.2 sq mi
ZIP Area
266
Density / Sq Mi
$62,383
Median Household Income
$36,495
Median Earnings
$859
Median Rent
$177,100
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
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Frequently Asked Questions

What type of property is this?
NNN property - Retail property leased to Family Dollar with tenant-paid operating expenses.
Where is this nnn property located?
The property is located at 566 Wabash Ave NW New Philadelphia, OH.
What are key features of this property?
This property features: Family Dollar occupies the retail property; 5‑year lease extension renewed in March of 2023; 4 additional 5‑year extensions are in place
More about this property
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