FAMILY DOLLAR

1750 S Main St, Akron, OH 44301
$850,001

Cap Rate
8.00%
Gross SQFT
32,680
Leasable Area
14,136 SF
Term Remaining
±6.5 YRS
Property Type
Retail

INVESTMENT HIGHLIGHTS

  • ±6.5-Years remaining on a recently extended lease
  • Early lease renewals prove the tenants commitment to the location and market
  • Four, 3-Year renewal options remaining; all of which include a 7% rental increase
  • The subject property is strategically located in a dense retail corridor; nearby traffic generations include Bridgestone Americas Technology Center Firestone Stadium, FedEx Ship Center, and many more.
  • Family Dollar has successfully operated at this location since 2002, a 20 year operating history which further proves their success at this location
  • Traffic counts on Main St exceed ±19,000 vehicles daily
  • Corporately guaranteed lease
  • 3-Mile population of ±84,162 residents
  • 5-Mile population of ±191,065 residents
  • Average household income considered to be family dollar’s “sweet-spot”

Broker of Record

  • Kyle Matthews
  • License No. REC.2022007141 (OH)
  • (866) 889-0550
  • Matthews Real Estate Investment Services, Inc
  • 950 Main Ave.,
    Suite 510, Cleveland, OH 44113