Dollar Tree 230 S Main St 11 300 pi² Commerce de détail Immeuble Bellefontaine, OH 43311 2 065 650 $ CAD (182,80 $ CAD/pi²) 8,20% Taux de capitalisation

This single-tenant retail investment property, located at 230 S Main Street in Bellefontaine, OH, offers an attractive opportunity for investors seeking stable, long-term income. Currently occupied by Dollar Tree with a lease commencing May 2025 and expiring in September 2030, the property provides strong occupancy security. The tenant, Dollar Tree Stores Inc., is responsible for HVAC and utilities, while the landlord handles roof integrity. Situated on a 1.20-acre signalized corner lot, the property features 11,300 SF of gross building area and a parking ratio of 4.78 per 1,000 SF, meeting retail parking standards.

Bellefontaine serves as a county seat and regional hub with significant redevelopment investment in recent years. Located along S Main Street within a central business district corridor, the property benefits from steady traffic volumes and accessibility. With zoning designated as commercial and a strategic position near U.S. Route 68 and State Route 33, the site offers connectivity to surrounding residential and retail areas. Four five-year renewal options with rent escalations provide additional growth potential, making this an appealing low-risk asset for investors seeking value with a national credit tenant.
Unlike many net retail investments that (for example) might be worth $3,000,000 based on income, but only $1,500,000 if vacant, we had at least 4 offers in the $1,500,000 range on this property before being leased to Dollar Tree. Copies of the offers are available on request.