Technical
Financial
Distress signals
Property profile

267 Wabash Ave S Brewster, OH 44613

FOR SALE
Outlet malls
Property ID
US66-0990583
7,800 SF 1 ac lot Built 2002
Entity Owned 1-yr Hold Free & Clear
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For Sale
Contact for pricing 7,800 SF
267 Wabash Ave S, Brewster, OH 44613
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Property summary

AI-generated overview

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

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2002
Construction BRICK
Total area 7,800 SF
Lot 1 ac (43,560 SF)
APN 70-01776
UPID US66-0990583

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Discount Store
  • Cinema (Bike/Boat/Book/etc) Store

Location

267 Wabash Ave S Brewster, OH 44613
Brewster metro Census 714801 CANTON-MASSILLON, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$635k
CAP Approach CAP
by Request
Comparable Approach Comparable
$735k
Blend (final) Blend
$650k

Owner & transaction history

since 2025
Last sale
$475,000
3 recorded transactions
2025
$475,000
2020
$560,000
2014
$534,000

Zoning & alternative use

Top alternative use upside
Restaurant $910,000 +33.5%
Auto repair, garage $780,000 +13.9%
Medical building $710,000 +4.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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