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Family Dollar Net Lease Opportunity
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970 Copley Rd, Akron, OH 44320

10,645 SF Family Dollar in Akron, OH for sale.

Property Size10,645 SF
Lot Size1.25 Acres
Price / SF$117.24
Days on Market642

Property Features for 970 Copley Rd

General Information

Standard status Active
Size 10,645 SF
Lot size 1.25 Acres
Property subtype Retail
Zoning U-1-S

Building Details

Year Built 1997
Listing Agency: CBRE - Cleveland
Listed By: Kevin Moss · License #SAL.2015001299
Source: Crexi
Added: Nov 5, 2024 Changed: Aug 8 Last Checked: May 12 at 10:55PM

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 CBRE - Cleveland

Investment Insights

Based on property information with market context.

This 10,645-square-foot Family Dollar property is available for sale in Akron, Ohio. Situated on 1.25 acres, the property benefits from its location within the Akron Metropolitan Statistical Area, which has a population of 647,418. The property is currently operating under a net lease agreement. Family Dollar has exercised its first renewal option, extending the lease through 2029, providing approximately 4.0 years of remaining lease term. The lease includes a 10% rent increase in each of the three remaining 5-year renewal options.

Key Highlights

  • Lease extended through 2029, providing stable income for approximately 4 years.
  • Tenant is Family Dollar, a national retail chain.
  • Located in Akron, Ohio, part of a large MSA with a population of 647,418.

Property Analytics

Current Use

Family Dollar Discount Store

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Building Supply Gym & Fitness Center

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

237
Businesses Nearby
22k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 91% Electronics 9%
Dollar Tree Shops & Services
7,419 visits/mo 0.3 miles
Dollar General Shops & Services
5,256 visits/mo 0.1 miles
Family Dollar Shops & Services
4,254 visits/mo 0.1 miles
Pantry Shops & Services
2,699 visits/mo 0.1 miles
Metro by T-Mobile Electronics
1,987 visits/mo 0.1 miles

Demographics for 44320, OH

19,083
Population
9,240
Households
2.1
Avg Household Size
42
Median Age
18%
College-Educated
91%
High-School Grad
10.0 sq mi
ZIP Area
1,908
Density / Sq Mi
$40,013
Median Household Income
$33,219
Median Earnings
$915
Median Rent
$102,600
Median Home Value

Market

Vacancy Rate% for Retail in Akron, OH

5.3% 2020
5.3% 2021
4.5% 2022
4.2% 2023
5.4% 2024
6.4% 2025
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - 10,645 SF Family Dollar in Akron, OH for sale.
Where is this grocery and convenience store located?
The property is located at 970 Copley Rd Akron, OH.
What is the asking price?
The asking price for this property is $1,248,000.
What are key features of this property?
This property features: Lease extended through 2029, providing stable income for approximately 4 years.; Tenant is Family Dollar, a national retail chain.; Located in Akron, Ohio, part of a large MSA with a population of 647,418.
(216) 577-1517 Call to check price and availability
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