106 E River St - Storefront FOR SALE


Antwerp, OH 45813
$1,500,000 USD
317-218-5316
106 E River St, Antwerp, OH for Sale
$1,500,000 USD
Storefront - FOR SALE
1/3
null | 8.75% Cap Rate

106 E River St
Antwerp, OH 45813


HIGHLIGHTS

  • The property operates under a double-net lease with minimal landlord responsibilities
  • The lease features rental increases in each of the four, five-year renewal options
  • 20-year roof warranty in place
  • Antwerp, OH is 30 minutes northeast of Fort Wayne, IN , and a little over an hour southwest of Toledo, OH

OVERVIEW

The Klink Group of Marcus & Millichap is pleased to present for sale the Family Dollar in Antwerp, Ohio. The property currently has +/-8 years remaining on a 10-year base term with four, five-year options with rental increases. The property operates under a double-net lease with minimal landlord responsibilities.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$143 USD /SF

CAP RATE

8.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

1.41 AC

LAND SF

61,420 SF

ZONING

-

APN/PARCEL ID

12-03S-022-00,12-30S-005-00

ASK ABOUT THIS PROPERTY

Jordan KlinkMarcus & MillichapMore Info
317-218-5316

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Jordan KlinkMarcus & MillichapMore Info
317-218-5316

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