3817-3819 Oberlin Ave - Convenience Store FOR SALE
Lorain, OH 44053 |
3817-3819 Oberlin Ave
Lorain, OH 44053
HIGHLIGHTS
- LONG TERM TENANCY-Family Dollar has been in the location since 2001 and has continued to exercise all lease extensions throughout its term
- BELOW REPLACEMENT COST - Opportunity to purchase asset significantly below replacement cost
- FREE AND CLEAR - This asset is offered free and clear of existing financing
- RENOVATIONS - New roof on Family Dollar in 2010, New buildout and new roof on Soul on Fire in 2019
- PARKING LOT - Recently sealed and striped in September of 2020.
- Family Dollar / Dollar Tree have thrived through the COVID pandemic, with a sharp increase in same-store sales and profitability
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Family Dollar Building
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
ADD'L SUBTYPES
Restaurant, Storefront
TOTAL BUILDING SIZE
16800
STORIES
1
YEAR BUILT
1962
SPRINKLERS
-
PARKING SPACES
65
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
02-01-006-190-003
