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850 E Main St 9,398 SF Retail Building Smithville, OH 44677 $1,793,716 CAD ($190.86 CAD/SF) 7.25% Cap Rate
Investment Highlights
- 8.25 Years of Guaranteed Lease Term Remaining (Lease Exp: 07/31/2034)
- Absolute NNN Lease with ZERO Management Responsibilities
- Smithville is Located: 7 Miles from Wooster, OH; 28 Miles from Akron, OH; 29 Miles from Canton, OH; and 52 Miles from Cleveland, OH
- 2019 Build to Suit Construction | 9,398 SF Building on 1.92 Acre Parcel
- Close Proximity to Local Schools - 1,701 Students within 1.3 Miles of Subject Property
- 10-Mile Demographics: 84,851 Residents | $97,545 Average Household Income
Executive Summary
Schuchert Retail Group is pleased to exclusively present for sale the 9,398 SF Dollar General located at 850 E Main St, Smithville, OH 44677
In Cooperation With: Brian Brockman - Broker (Bang Realty, Inc.)
OH License #BRK.2009000214
In Cooperation With: Brian Brockman - Broker (Bang Realty, Inc.)
OH License #BRK.2009000214
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,398 SF
Building Class
B
Year Built
2019
Price
$1,793,716 CAD
Price Per SF
$190.86 CAD
Cap Rate
7.25%
NOI
$130,044 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.92 AC
Parking
30 Spaces (3.19 Spaces per 1,000 SF Leased)
Frontage
253’ on E Main St
Amenities
- Pylon Sign
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- $14.29 CAD
- Triple Net
- Jul 2034
Dollar General is a national discount retailer operating multiple neighborhood-scale stores throughout New Port Richey, Florida. The Massachusetts Avenue location serves surrounding residential neighborhoods with a broad assortment of everyday necessities at low price points. The store offers groceries, snacks, health and beauty products, cleaning supplies, basic apparel, paper goods, seasonal items, and private-label merchandise.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | $14.29 CAD | Triple Net | Jul 2034 |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 31-00286-000 | Improvements Assessment | $0 CAD |
| Land Assessment | $136,642 CAD | Total Assessment | $136,642 CAD |
Property Taxes
Parcel Number
31-00286-000
Land Assessment
$136,642 CAD
Improvements Assessment
$0 CAD
Total Assessment
$136,642 CAD
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850 E Main St
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