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Dollar Tree 701 Lincoln Ave 10,500 SF Retail Building Cadiz, OH 43907 $2,514,060 CAD ($239.43 CAD/SF) 7.50% Cap Rate
Investment Highlights
- 10 Year Lease with 8+ Years Remaining
- Four, Five-Year Renewal Options with $.50/SF Increases
- Tenant Responsible for CAM, Property Tax, Insurance, HVAC
- Minimal Landlord Responsibilities (Warranties in Place)
- County Seat Location Provides Regional Draw for Entire Harrison County
Executive Summary
Strategically positioned along Lincoln Avenue, Cadiz's primary retail corridor, the Property is surrounded by national retailers including Tractor Supply, DG Market, Dunkin', Wendy's, McDonald's, Huntington Bank, and Marathon. Located immediately off U.S. Route 22, the site serves as a regional retail destination with direct access between the Columbus and Pittsburgh metropolitan areas.
With recent 2024 construction, a long remaining lease term, limited ownership responsibilities, and a nationally recognized necessity-based tenant, this offering presents investors with an exceptional opportunity to acquire a high-quality net lease asset designed to deliver stable cash flow and long-term portfolio stability.
Broker of Record: Michael Glass | Marcus & Millichap | 500 Neil Avenue, Ste. #100, Columbus, OH 43215 | Phone: 614-360-9800 | License #: BRK.2007005898
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- 10,500 SF
- $17.96 CAD
- Double Net
- Sep 2034
Dollar Tree began with a variety store in Norfolk, Virginia, in the 1950s and later emerged as a dollar-store chain under the Only $1.00 banner in the 1980s. The business changed its name to Dollar Tree Stores in the 1990s, went public soon after, and later expanded further through acquisitions that included Family Dollar. Today, the company operates a wide network of stores across the United States and Canada, and its merchandise spans housewares, cleaning supplies, food and snacks, health and beauty items, toys, gifts, party supplies, stationery, and seasonal décor.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 10,500 SF | $17.96 CAD | Double Net | Sep 2034 |
Property Taxes
| Parcel Number | 05-0002441.000 | Improvements Assessment | $0 CAD |
| Land Assessment | $28,537 CAD | Total Assessment | $28,537 CAD |
Property Taxes
Presented by
Dollar Tree | 701 Lincoln Ave
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