2242-2260 W Market St - Freestanding FOR SALE
Akron, OH 44313 |
2242-2260 W Market St
Akron, OH 44313
HIGHLIGHTS
- 100% Occupied, 13,500 SF 3-Tenant Dollar Tree- Anchored Retail in Akron, OH & Includes Biggby Coffee Abs NNN Ground Lease with 7 Years Remaining
- Offered Below Replacement Cost at $115/SF; Low Price-Point at $1.65 Million
- Strong Positive Leverage Opportunity – 10.5% Cash-on-Cash & 14% Total Return with Market Financing Terms (70% LTV, 6.75% Rate, 25-Yr AM)
- Generation Strong – Local Strength Training & Weightlifting Center Occupying Rear GLA Behind Dollar Tree
- Located Along W Market Street (Route 18) – Primary Arterial for the Area with 18,363 VPD
- Commuter Route Location Straddling the Fairlawn Retail Trade Area & Downtown Akron
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Dollar Tree 2-Tenant Retail & Biggby Coffee
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Fast Food, Storefront
TOTAL BUILDING SIZE
16364
STORIES
1
YEAR BUILT
1993
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
67-58416,68-01150
