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Family Dollar 101 S Defiance St 10,500 SF Retail Building West Unity, OH 43570 $1,928,259 CAD ($183.64 CAD/SF) 8.75% Cap Rate
INVESTMENT HIGHLIGHTS
- The property operates under a double-net lease with minimal landlord responsibilities
- West Unity is strategically located near major highways (US 20A, US 127, I-80/90)
- The property was built in 2023 (20 Year Roof Warranty)
- The only landlord responsibilities are roof & structure and parking lot replacement
EXECUTIVE SUMMARY
The Klink Group of Marcus & Millichap is pleased to present for sale the Family Dollar in West Unity, Ohio. The subject property offers investors a stable, long-term net-leased retail opportunity backed by a nationally recognized discount retailer.
The property has approximately ±8 years remaining on the original 10-year base term and operates under a double-net (NN) lease, providing minimal landlord responsibilities (roof, structure and parking lot replacement) and has a 20-year roof warranty. The lease features four (4) additional 5-year renewal options, each containing rental increases, allowing for built-in income growth.
This offering is well-suited for passive investors seeking durable income, limited management obligations, and long-term residual value.
The property has approximately ±8 years remaining on the original 10-year base term and operates under a double-net (NN) lease, providing minimal landlord responsibilities (roof, structure and parking lot replacement) and has a 20-year roof warranty. The lease features four (4) additional 5-year renewal options, each containing rental increases, allowing for built-in income growth.
This offering is well-suited for passive investors seeking durable income, limited management obligations, and long-term residual value.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
10,500 SF
Building Class
C
Year Built
2023
Price
$1,928,259 CAD
Price Per SF
$183.64 CAD
Cap Rate
8.75%
NOI
$168,723 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.35 AC
PROPERTY TAXES
| Parcel Number | 074-080-05-006.001 | Improvements Assessment | $404,317 CAD |
| Land Assessment | $21,526 CAD | Total Assessment | $425,843 CAD |
PROPERTY TAXES
Parcel Number
074-080-05-006.001
Land Assessment
$21,526 CAD
Improvements Assessment
$404,317 CAD
Total Assessment
$425,843 CAD
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Family Dollar | 101 S Defiance St
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