2360 S Smithville Rd - Freestanding FOR SALE
Kettering, OH 45420 |
$1,358,025 USD
425-274-6696
2360 S Smithville Rd
Kettering, OH 45420
HIGHLIGHTS
- Absolute NNN – This is a rare absolute NNN lease with zero landlord responsibilities, offering 100% passive income to a prospective purchaser
- High Performing Site – AlphaMap’s shows that the site performs in the top 75th percentile of Family Dollar Stores in Ohio in terms of foot traffic
- Attractive Increase Schedule – 10% rental increases in each of the four, 5-year options, which is beneficial to an owner
- Attractive Demographics – There are approximately 170,655 people within a 5-mile radius from the property
- Corporate Tenant – The lease of the subject property is signed by Family Dollar, Inc who operates over 7,500+ locations throughout the country
FOR SALE DETAILS
PRICE
$1,358,025 USD
PRICE/SF
$164 USD /SF
CAP RATE
7.7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Family Dollar
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2015
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.97 AC
LAND SF
85,987 SF
ZONING
-
APN/PARCEL ID
N64-04018-0012
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425-274-6696
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425-274-6696
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