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Property profile & analytics
OFF-MARKET Estimated value $745,000
Retail space

26 Bennett Blvd Wintersville, OH 43953-7600

7,848 SF 0.78 ac lot Built 2001
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US66-3398052
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2001
Total area 7,848 SF
Lot 0.78 ac (33,977 SF)
APN 03-01968-000
UPID US66-3398052
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
AI Approach AI
$730k
CAP Approach CAP
by Request
Comparable Approach Comparable
$497k
Blend (final) Blend
$745k
Owner & transaction history
Hgr Commercial LLC · 1 yrs held
Hgr Commercial LLC
since 2025
Last sale
$710,000
2 recorded transactions
2025
$710,000
2022
$8,250
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units) $745,000 +61.7%
Commercial (general) $575,000 +24.0%
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