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    19 Arlington St Akron, OH 44305

    For Lease
    $13 SF/Yr

    9,540 SF Former Family Dollar

    Lot size:
    9,540 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 9,540 square foot retail space, previously occupied by Family Dollar, presents a unique investment opportunity in a high-traffic location. Situated less than two miles from downtown Akron, Ohio, and in close proximity to Route 8, this single-tenant property benefits from exceptional visibility and accessibility. The property enjoys a strong demographic advantage, with over 256,000 residents within a five-mile radius, many of whom are within easy walking distance. High daily traffic counts on N. Arlington Street (over 8,000 vehicles) and nearby E. Market Street (over 14,000 vehicles) ensure significant exposure for any business. The property's strategic location offers substantial potential for a variety of retail uses. Furthermore, there's an opportunity to expand the footprint by approximately 8,800 square feet. This additional space is available through a potential lease buyout, with the existing lease expiring January 1, 2026. This presents a chance to significantly increase the property's overall size and revenue potential. This property is ideal for an owner-user or an investor seeking a strong return in a thriving market. The combination of high traffic, strong demographics, and expansion potential makes this a truly compelling investment opportunity.

    Property Features for 19 Arlington St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,540 SF

    Unit(s) available at that property

    Space
    Size
    9,540 SF
    Rate per SF
    $13

    HighLights

    • 9,540 SF retail space, formerly a Family Dollar.
    • Single‑tenant retail property.
    • Located in Summit County, less than 2 miles from downtown Akron, near Route 8.
    • High traffic area with over 8,000 vehicles daily on N. Arlington Street and over 14,000 on nearby E. Market Street.
    • Potential for an additional 8,800 SF via lease buyout (lease expires 1/1/2026).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Family Dollar Dollar Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.4901325
    Latitude
    41.0729456

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    FAQs

    What type of property is this?
    Retail property - 9,540 SF Former Family Dollar
    Where is this retail property located?
    The property is located at 19 Arlington St Akron, OH.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: 9,540 SF retail space, formerly a Family Dollar.; Single-tenant retail property.; Located in Summit County, less than 2 miles from downtown Akron, near Route 8.
    Request Owner's contact information
    19 Arlington St Akron, OH 44305
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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
    19 Arlington St Akron, OH 44305
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