1038 E Tallmadge Ave - Freestanding FOR SALE


Akron, OH 44310- Chapel Hill
$1,332,242 USD
216-342-9312
1038 E Tallmadge Ave, Akron, OH for Sale
$1,332,242 USD
Freestanding - FOR SALE
1/4
null | 8.63% Cap Rate

1038 E Tallmadge Ave
Akron, OH 44310
Chapel Hill


HIGHLIGHTS

  • Global tire manufacturer headquartered in Akron, employing approximately 68,000 people worldwide with its world HQ and Innovation Center driving local
  • A 750-bed Level I trauma teaching hospital and the system’s flagship, anchoring a workforce of over 8,500 employees system-wide.
  • A 289-bed pediatric Level I trauma hospital with more than 7,000 employees, serving over half a million patients annually.
  • Major public research university with over 15,000 students driving consistent daily traffic to the corridor.
  • County workforce and career center located immediately adjacent at 1040 E Tallmadge Ave, generating consistent daily foot traffic.
  • Established Howe Avenue retail node featuring Home Depot, Giant Eagle, Marc’s, and other national tenants.

OVERVIEW

For sale is the 100% fee-simple interest in the free-standing Dollar Tree (Store #5760) located at 1038 E Tallmadge Ave, Akron, OH 44310. This well-positioned site sits along the East Tallmadge Avenue retail corridor in Akron’s North Hill neighborhood, offering excellent visibility and access to the SR-8 Tallmadge Avenue interchange. The property benefits from immediate proximity to the OhioMeansJobs Summit County Center next door and the established Howe Avenue retail node featuring Home Depot, Giant Eagle, and Marc’s. The surrounding trade area is a dense urban infill market anchored by major regional employers including Goodyear Tire & Rubber’s global headquarters, Summa Health’s Akron Campus, Akron Children’s Hospital, and the University of Akron. Backed by Dollar Tree’s investment-grade credit profile and an essential-goods business model proven to perform in dense, value-oriented markets, this property offers a stable, recession-resilient income stream in a core Northeast Ohio MSA.

FOR SALE DETAILS

PRICE

$1,332,242 USD

PRICE/SF

$132 USD /SF

CAP RATE

8.63%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar Tree

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,689 SF

ZONING

U-3

APN/PARCEL ID

67-63655

ASK ABOUT THIS PROPERTY

Rob YaskanichGoodman Real Estate Services GroupMore Info
216-342-9312

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Rob YaskanichGoodman Real Estate Services GroupMore Info
216-342-9312

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.