106 Riv St Antwerp, OH 45813-9478

This exceptional investment opportunity presents a newly constructed, 10,500 square foot retail property in Antwerp, Ohio, boasting a 7.65% cap rate. The property is 100% occupied by a Family Dollar and Dollar Tree, operating under a strong, corporate-guaranteed Net Lease (NN+) agreement with a remaining lease term of 9.3 years, extending to February 28, 2034, with 4-5 year renewal options. Built in 2023, this single-story building sits on a 1.409-acre lot and provides 26 parking spaces. The property enjoys high visibility and accessibility from Highway 24, which sees 17,593 vehicles per day, and is strategically located in downtown Antwerp. The dual-branded tenant benefits from increased sales compared to single-brand stores in similar markets. The property generates a Net Operating Income (NOI) of $131,250, with an asking price of $1,715,000 ($163.33 per square foot). The location serves a population of 23,892 within a 10-mile radius, exhibiting an average household income exceeding $94,000 annually. The nearest traditional grocery store is approximately 8 miles away, highlighting the property's unique position within the market. This property is also available as part of a larger portfolio offering. The property's address is 106 E River St, Antwerp, OH 45813. Parcel numbers are 12-30S-005-00 and 12-03S-022-00.