26 Bennett Blvd Wintersville, OH 43953-7600
This exceptional investment opportunity presents a 7,848-square-foot Family Dollar convenience store located at 26 Bennett Blvd, Wintersville, OH 43953. The property sits on a 0.78-acre lot and boasts a strong 24+ year operating history with the current tenant, who recently exercised their second renewal option, extending the lease to December 31, 2029, leaving approximately 5.1 years remaining. The lease is a Double Net (NN) agreement, minimizing landlord responsibilities to the roof and building structure. The current annual net operating income (NOI) is $71,000, representing a 9.00% cap rate. The asking price is $788,888, translating to $100.52 per square foot—below replacement cost. Rent increases of 10% are scheduled every five years, and there's potential for additional income through a percentage rent clause (3% of gross sales exceeding $2,366,666.67). The property benefits from its location on Cadiz Rd, a high-traffic area (15,000 vehicles daily) leading to Fort Steuben Mall, and enjoys a strong market position as one of only two national dollar stores in Wintersville. Built in 2001, this property offers a secure, high-yield investment with a proven tenant and significant remaining lease term. The corporate guarantee provides added security.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.