227 Front St Oak Hill, OH 45656
This exceptional investment opportunity presents a brand-new, 10,500 square foot Family Dollar/Dollar Tree combo store in Oak Hill, Ohio. Located on high-traffic Front Street, this property boasts a 10-year absolute NNN lease commencing December 3, 2023, and expiring February 28, 2034, with four, five-year renewal options featuring $0.50 per square foot rent increases. The lease is backed by a corporate guarantee from the investment-grade tenant, Family Dollar Stores, LLC (DLTR), providing significant financial security. The property, built in 2023, sits on a 1.44-acre lot and generates a strong net operating income (NOI) of $123,900, resulting in an attractive 7.50% cap rate. Landlord responsibilities are limited to roof, structure, and parking areas. The strategic location near other national retailers ensures high visibility and consistent customer traffic. This is a rare opportunity to acquire a high-performing, low-maintenance retail investment with a proven track record of success, offering a compelling combination of strong tenant, long-term lease, and excellent location. The asking price is $1,652,000, translating to $157.33 per square foot. This dual-branded store benefits from the combined strengths of both Family Dollar and Dollar Tree, reporting 20% higher same-store sales than standalone Family Dollar locations. The property's 100% occupancy further solidifies its value as a stable and reliable investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.