Family Dollar NNN Property For Sale — Warren, OH
1139 West Market Street, Warren, OH 44485
This corporately guaranteed Family Dollar property, built in 2012, offers an exceptional investment opportunity. The tenant recently extended their lease for a new 10-year term, demonstrating strong commitment to this location, which ranks in the top 6% of all Family Dollar stores nationwide. The lease features four, 5-year renewal options, with attractive rent increases. Situated on a prominent road with high traffic counts, the property benefits from a dense surrounding population.
- Address: 1139 West Market Street, Warren, OH 44485
- Asking price $1.20M
- 8.35% cap rate
- NOI $100,000
- 7.4 years remaining
- NNN lease
- Year built: 2012
- Building size: 8,320 SF
- Lot size: 0.70 acres
- Lease expiration: Jan 31, 2034
- Rent increases: Option 1: 23% increase; Option 2: 10% increase; Option 3: 10% increase; Option 4: 10% increase
- Guarantor: Corporate
Location
This Family Dollar property is at 1139 West Market Street in Warren, Ohio.
Asset type: Retail