Property summary
This exceptional investment opportunity presents a 8,000 square foot storefront located at 267 Wabash Ave N, Brewster, OH 44613. Built in 2002, this single-story building boasts a strong 8.50% cap rate and a Net Operating Income (NOI) of $44,100, with an asking price of $518,900. The property is currently leased to Family Dollar Stores, Inc., a tenant with an S&P BBB credit rating, providing a corporate guaranty. The lease features a NNN structure and has 6.2 years remaining, with a built-in 17% rent increase scheduled for 2031. The current rent is easily replaceable at $5.51 per square foot. This prime location benefits from high traffic visibility, with direct access and frontage to 6,130 vehicles per day – the highest traffic count in Brewster. A significant competitive advantage exists due to the property's status as the only dollar store within a 6-mile radius. The property is directly adjacent to the Wheeling & Lake Erie Railway Company Headquarters, further enhancing its strategic location and potential. This is a rare opportunity to acquire a stable, high-performing retail investment in a desirable Ohio market.
Property profile
VerifiedCap rate & NOI
Current use
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Discount Store
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Cinema (Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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