Marcus & Millichap is pleased to offer for sale this free-standing Family Dollar in Thornport, 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.
Thornport sits in central Ohio, at the eastern tip of Buckeye Lake, about 30 miles east of Columbus. The community has a booming economy supported by all the activities surrounding the lake. There is a great mix of low to middle income people that live and work here year-round, retirees that enjoy the entire summer by the lake, and high income families that have second homes here away from their busy lives in Columbus. Within a half mile of the property is the Heron Bay neighborhood of million-dollar homes and Harbor Point, a brand-new $34 million condo development. Both of these projects have been enormously popular, as wealthy families in Columbus have realized Buckeye Lake is much more convenient that driving to Lake Erie of Lake Cumberland. With all this residential development, there has been little to no commercial development, so this Family Dollar has been extremely successful in its first year of operation. |
