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17 Mansfield Ave
Shelby, OH 44875
Family Dollar · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • 2010 build-to-suit construction for Family Dollar
  • Two, 5-Year renewal options remaining; all of which include a 10% rent increase
  • ± 13,000 vehicles daily at the intersection of E Main St. & Mansfield Ave
  • Tenant recently extended their lease to a new full 10-year term
  • Family Dollar has successfully operated at this location for 14 years, proving their commitment to the location and market
  • 5-Mile population of ± 10,134 residents

EXECUTIVE SUMMARY

10-Mile population of ± 13,391 residents. Strong corporately guaranteed lease.
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
9,180 SF
Building Class
C
Year Built
2010
Price
$1,738,534 CAD
Price Per SF
$189.38 CAD
Cap Rate
8.25%
NOI
$143,429 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.84 AC
Zoning
Commercial - Retail Trade
Parking
30 Spaces (3.57 Spaces per 1,000 SF Leased)
Frontage
124’ on Mansfield Ave

AMENITIES

  • Pylon Sign
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
046-08-185-18-000
Land Assessment
$29,637 CAD
Improvements Assessment
$395,037 CAD
Total Assessment
$424,673 CAD
  • Listing ID: 31612175

  • Date on Market: 2024-04-25

  • Last Updated:

  • Address: 17 Mansfield Ave, Shelby, OH 44875

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