440 Oxford State Rd - Freestanding FOR SALE


Middletown, OH 45044
$2,166,429 USD
847-562-8500
440 Oxford State Rd, Middletown, OH for Sale
$2,166,429 USD
Freestanding - FOR SALE
1/6
null | 7% Cap Rate

440 Oxford State Rd
Middletown, OH 45044


HIGHLIGHTS

  • New 10-year lease commencing in November 2026
  • Kroger grocery outparcel
  • Investment grade tenant – S&P: BBB
  • Expanding retailer – Dollar Tree plans to open ~400 stores in 2026
  • Recent capital improvements including brand new HVAC and a fully repaired, seal-coated parking lot – minimizes near-term capex for ownership
  • Signalized hard corner along Oxford State Road (16,000 VPD) & just off State Route 4 (17,000 VPD)

OVERVIEW

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Dollar Tree property positioned within the Cincinnati MSA in Middletown, Ohio. Dollar Tree signed a new 10-year lease through November 2036. The lease contains two 5-year renewal options with $0.50 PSF increases in each. Additionally, Dollar Tree maintains an investment grade “BBB” rating from Standard & Poor’s. The property recently underwent capital improvements, including a brand-new HVAC system and a fully repaired and seal-coated parking lot, minimizing near-term capital expenditures for a prospective owner. The 10,110 square-foot building bene?ts from its position on a Kroger outparcel, which drives continual traffic ?ow through the corridor. The property also sits on a signalized hard corner along Oxford State Road (16,000 VPD), in close proximity to State Route 4 (17,000 VPD). Neighboring retailers include Kroger Fuel, McDonald’s, and Speedway. The trade area is anchored by the nearby Cleveland-Cliffs Middletown Works steel plant, a major regional employer that has attracted more than $500 million in U.S. Department of Energy-backed capital investment, supporting long-term area employment and daytime trade. The immediate trade area is further supported by more than 91,000 residents within a ?ve-mile radius, with an average household income exceeding $96,000. Dollar Tree, Inc. (NASDAQ: DLTR) is a leading American discount retailer headquartered in Chesapeake, Virginia. Founded in 1986, the company operates its stores under the Dollar Tree banner, offering a broad assortment of consumables, household goods, seasonal merchandise, and party supplies. The company’s signature multi-price format, anchored by its core $1.25 price point and expanded higher price tiers, has made Dollar Tree one of the most recognized value retailers in North America, with more than 9,300 stores across the United States and Canada. Dollar Tree continues to expand aggressively, with plans to open approximately 400 new stores in 2026 as it scales its multi-price merchandising strategy nationwide.

FOR SALE DETAILS

PRICE

$2,166,429 USD

PRICE/SF

$214 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar Tree (Kroger Outparcel)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.62 AC

LAND SF

70,567 SF

ZONING

-

APN/PARCEL ID

C1710-018-000-112,C1710-018-000-125

ASK ABOUT THIS PROPERTY

Jimmy GoodmanThe Boulder GroupMore Info
847-562-8500

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Jimmy GoodmanThe Boulder GroupMore Info
847-562-8500

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