For Sale
$788,888

26 Bennett BlvdWintersville, OH 43953

High-yield Family Dollar investment, Ohio.

Overview

Added:
Dec 11, 2024
Days on market:
121

Highlights

  • Double-Net (NN) Lease with landlord responsible only for roof and structure; 5.3 years remaining.
  • Offered at $100.52/sf, below replacement cost.
  • 9.00% cap rate, 10.00% rent increases every 5 years; 3% overage rent on sales exceeding $2,366,666.67.
  • One of only two national dollar stores in Wintersville.
  • Family Dollar tenant recently exercised their second renewal option, lease expires 12/31/2029; 24+ year operating history.
  • High traffic location on Cadiz Rd (15,000 VPD), leading to Fort Steuben Mall.

Property Details for 26 Bennett Blvd

Property type
Retail properties, Grocery and convenience stores
Square Feet
7,848 SF
Year Built
2001
Lot Size (sq. ft)
33,977 SF

Location Insight

City
Wintersville
County
Jefferson
State
Ohio
Latitude
40.3757548
Longitude
-80.7219315
26 Bennett Blvd, Wintersville, Ohio
Leaflet | © OpenStreetMap contributors

FAQs

What type of property is this?
Retail property - High-yield Family Dollar investment, Ohio.
Where is the retail property located?
The property is located at 26 Bennett Blvd Wintersville, OH.
What is the asking price?
The asking price for this property is $788,888.
What are key features of this property?
This property features: Double-Net (NN) Lease with landlord responsible only for roof and structure; 5.3 years remaining.; Offered at $100.52/sf, below replacement cost.; 9.00% cap rate, 10.00% rent increases every 5 years; 3% overage rent on sales exceeding $2,366,666.67.
How can I contact the broker?
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26 Bennett Blvd
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