300 5th St - Freestanding FOR SALE
Beverly, OH 45715 |
$850,000 USD
844-474-4666
300 5th St
Beverly, OH 45715
HIGHLIGHTS
- Established Tenancy: Operating continuously since 1987, Family Dollar/Dollar Tree has demonstrated a long-term commitment and performance
- Strong Sales Performance: 2024 sales exceed $2.4 million, triggering additional percentage rent of $14,251 on top of base rent
- Attractive Rent Metrics: Extremely low base rent of $5.47/SF, offering long-term rent growth potential
- Low Acquisition Basis: Priced at just $77/SF, offering a compelling entry point relative to replacement cost
- Exclusive Retail Positioning: The only value-focused retail store in the Beverly, OH market, enhancing tenant resilience and relevance
- Strategic Expansion: 3,700 SF expansion completed in 2016 to support operational needs, reflecting strong historical sales and tenant investment
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 10,971 SF Family Dollar/Dollar Tree at 300 5th St in Beverly, OH. This is a High-Performing Store With Low Rent at $5.47/SF and 2024 Sales Above $2.4M.
In Cooperation With ParaSell, Inc. , A Licensed Ohio Broker - Lic. #REC.2020005946 BoR: Scott Reid - Lic. OH #BRKP.2020001224
FOR SALE DETAILS
PRICE
$850,000 USD
PRICE/SF
$77 USD /SF
CAP RATE
8.74%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Family Dollar_Dollar Tree - Beverly, OH
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Storefront, Department Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1987
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.8 AC
LAND SF
34,848 SF
ZONING
-
APN/PARCEL ID
3700-79148-000
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844-474-4666
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844-474-4666
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