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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

227 Front St Oak Hill, OH 45656

10,500 SF 1.44 ac lot Built 2023
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2023
Total area 10,500 SF
Lot 1.44 ac (62,726 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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