Share This Listing

Message

946 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

1139 W Market St
Warren, OH 44485
Family Dollar · Retail Property For Sale

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Ranked in the top 6% of all Family Dollars nationwide (according to Placer.Ai)
  • Tenant recently extended their lease to a new full 10-year term, proving their long term commitment to the location
  • Family Dollar has successfully operated at this location for 12 years
  • 2012 build to suit for Family Dollar
  • Strong corporately guaranteed lease
  • Four, 5-Year renewal options remaining; all of which includes a 23% increase in O1 and 10% in options 2-4

EXECUTIVE SUMMARY

3-Mile population of ±40,537 residents. 5-Mile population of ±70,492 residents. ±13,751 vehicles daily at the intersection of W Market St. Dollar Tree acquired Family Dollar in 2015 and they are considered to be the second-largest discount retailer in the United States with more than 16,000 locations. Family Dollar, a major national discount retailer with more than 8,000 stores across 48 states, has been acquired for roughly $1 billion by Brigade Capital Management, Macellum Capital Management, and Arkhouse Management Co. Now operating as an independent company, Family Dollar benefits from both fresh capital and significant retail expertise. This backing is expected to accelerate store upgrades and drive operational improvements. With its proven value-focused model and strong presence in local communities, Family Dollar continues to serve as a resilient anchor tenant, positioned for sustained growth in the years ahead.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,222 SF
Building Class
C
Year Built
2012
Price
$1,650,695 CAD
Price Per SF
$200.77 CAD
Cap Rate
8.35%
NOI
$137,833 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
1.34
Lot Size
0.14 AC
Zoning
C - Commercial
Parking
30 Spaces (3.65 Spaces per 1,000 SF Leased)
Frontage
112’ on Market St

AMENITIES

  • Pylon Sign
  • Signalized Intersection

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 39-390064
  • 39-476400
  • 39-476650
  • 39-476600
Land Assessment
$72,598 CAD
Improvements Assessment
$229,564 CAD
Total Assessment
$302,162 CAD
  • Listing ID: 31584695

  • Date on Market: 2024-04-23

  • Last Updated:

  • Address: 1139 W Market St, Warren, OH 44485

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}