401 N Chapel St - Freestanding FOR SALE


Louisville, OH 44641
$1,159,442 USD
954-325-9155
401 N Chapel St, Louisville, OH for Sale
$1,159,442 USD
Freestanding - FOR SALE
1/2
null | 7.15% Cap Rate

401 N Chapel St
Louisville, OH 44641


HIGHLIGHTS

  • Corporate-guaranteed lease
  • 2 extensions, 5 year each already agreed upon starting 2030.
  • Long-term NNN lease — landlord responsible for roof & structure
  • Redevelopment potential

OVERVIEW

Positioned along Louisville’s primary commercial corridor at a great corner lot, this freestanding Dollar Tree enjoys exceptional visibility and convenient access. Just 2 blocks to Main Street, the city’s main east-west thoroughfare. The property benefits from steady local traffic, strong community loyalty, and proximity to key neighborhood anchors including schools, municipal offices, and residential developments. Highlights: Limited competition Corporate-guaranteed lease Prime Location: High-exposure frontage on N. Chapel Street Ample Parking: Well-maintained paved lot with easy ingress/egress Built to suit location in 2010 2 extensions, 5 year each already agreed upon starting 2030. Long-term NNN lease — landlord responsible for roof & structure

FOR SALE DETAILS

PRICE

$1,159,442 USD

PRICE/SF

$145 USD /SF

CAP RATE

7.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.27 AC

LAND SF

55,321 SF

ZONING

Commercial

APN/PARCEL ID

03605965

ASK ABOUT THIS PROPERTY

Roberto LLanaKeller Williams Legacy WestonMore Info
954-325-9155

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Roberto LLanaKeller Williams Legacy WestonMore Info
954-325-9155

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