56 N High St - Convenience Store FOR SALE


La Rue, OH 43332 | 
$1,476,563 USD
586-200-0041
56 N High St, La Rue, OH for Sale
$1,476,563 USD
Convenience Store - FOR SALE
1/5
null | 8% Cap Rate

56 N High St
La Rue, OH 43332


HIGHLIGHTS

  • Only dollar store in La Rue with no direct value-retail competition
  • Corporate guaranty from Family Dollar Stores, Inc., 7,000+ stores across 45+ states
  • Hard-corner village center location on N High St, La Rue's primary commercial corridor
  • 10,328 residents and $126.4M in consumer spending within 10 miles
  • 2021 ground-up build-to-suit in excellent condition with no deferred maintenance
  • NN lease with 4 five-year options and $5,250 annual increases through 2052

OVERVIEW

AMC Real Estate Investment Services is pleased to offer a Family Dollar at 56 North High St, La Rue, Ohio 43332. The 10,500 SF, 2021 build-to-suit sits on 1.45 acres and is fully leased to Family Dollar Stores of Ohio, Inc., with a corporate guaranty from Family Dollar Stores, Inc., a 7,000+ location retailer owned by Brigade Capital and Macellum Capital since July 2025. The NN lease delivers $118,125 in NOI with over 6 years remaining, plus 4 five-year options at $5,250 annual increases, extending built-in growth through 2052. As the only dollar store in La Rue, the property faces no direct competition. It offers a stabilized, single-tenant asset well suited for passive investors and 1031 exchange buyers.

FOR SALE DETAILS

PRICE

$1,476,563 USD

PRICE/SF

$143 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.45 AC

LAND SF

63,249 SF

ZONING

-

APN/PARCEL ID

22-0070003.500

ASK ABOUT THIS PROPERTY

Corbin MontpasAMC Real Estate Investment ServicesMore Info
586-200-0041

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Corbin MontpasAMC Real Estate Investment ServicesMore Info
586-200-0041

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