815 Copley Rd Akron, OH 44320-2901

This exceptional investment opportunity presents a single-tenant, net-leased Dollar Tree property situated at 815 Copley Rd, Akron, OH 44320. The 9,032 square foot building, constructed in 2016, sits on a 1.25-acre lot and boasts 100% occupancy. The property benefits from a strong location at the corner of Copley Road and Storer Avenue, providing multiple access points. The current lease, an absolute NNN agreement with a credit-rated tenant, commenced on December 31, 2016, and has a remaining term of approximately 2.1 years, with three 5-year renewal options, each including a 5% rent increase. The lease provides a stable income stream, reflected in the property's current Net Operating Income (NOI) of $112,448 and a compelling 9.25% cap rate. The asking price is $1,216,000. This represents a significant opportunity to acquire a well-located, stabilized retail asset in a densely populated market, just five minutes from downtown Akron. The property's low rent per square foot and strong tenant credit make it a compelling investment at well below replacement cost.