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| Name: |
Family Dollar - Ashland |
| Address: |
1309 Cleveland Ave. |
| City: |
Asland |
| State: |
OH |
| Price: |
$930818 |
| Price/Sq ft : |
$116/square foot |
| Cap: |
7.95% |
| Description: |
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| Marcus & Millichap is pleased to offer for sale this free-standing Family Dollar in Ashland, Ohio. This property was built in 2007 and offers an investor nine more years of its initial ten year term with five five-year options to follow. Family Dollar is responsible for all expenses involved with the property other than the roof and structure. There are 10% increases in the rent at the beginning of each option, and there is a clause for the payment of percentage rent if the store sales reach a certain point. While Family Dollar has not paid the percentage rent, this clause allows an investor to monitor the sales in the store and the health of the location. |
Write an Offer Today! |
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| The representations contained on this internet page are provided based on information deemed reliable. However, the same has not been independently verified. Principals are advised to conduct a thorough due diligence for any potential transaction. Marcus & Millichap Real Estate Investment Brokerage Company's name and logo are used herein for information purposes only. |
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