701 Lincoln Ave - Freestanding FOR SALE


Cadiz, OH 43907
$1,806,000 USD
317-218-5316
701 Lincoln Ave, Cadiz, OH for Sale
$1,806,000 USD
Freestanding - FOR SALE
1/2
null | 7.5% Cap Rate

701 Lincoln Ave
Cadiz, OH 43907


HIGHLIGHTS

  • 10 Year Lease with 8+ Years Remaining
  • Minimal Landlord Responsibilities (Warranties in Place)
  • Four, Five-Year Renewal Options with $.50/SF Increases
  • County Seat Location Provides Regional Draw for Entire Harrison County
  • Tenant Responsible for CAM, Property Tax, Insurance, HVAC

OVERVIEW

The Klink Group of Marcus & Millichap is pleased to exclusively present the opportunity to acquire a newly constructed, single-tenant Dollar Tree located in Cadiz, Ohio. Completed in 2024, the Property is secured by a 10-year double-net (NN) lease with more than eight years of remaining primary term, providing investors with durable, predictable cash flow backed by one of the nation's leading discount retailers. Strategically positioned along Lincoln Avenue, Cadiz's primary retail corridor, the Property is surrounded by national retailers including Tractor Supply, DG Market, Dunkin', Wendy's, McDonald's, Huntington Bank, and Marathon. Located immediately off U.S. Route 22, the site serves as a regional retail destination with direct access between the Columbus and Pittsburgh metropolitan areas. With recent 2024 construction, a long remaining lease term, limited ownership responsibilities, and a nationally recognized necessity-based tenant, this offering presents investors with an exceptional opportunity to acquire a high-quality net lease asset designed to deliver stable cash flow and long-term portfolio stability. Broker of Record: Michael Glass | Marcus & Millichap | 500 Neil Avenue, Ste. #100, Columbus, OH 43215 | Phone: 614-360-9800 | License #: BRK.2007005898

FOR SALE DETAILS

PRICE

$1,806,000 USD

PRICE/SF

$172 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar Tree

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Fast Food, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

2.44 AC

LAND SF

106,286 SF

ZONING

-

APN/PARCEL ID

05-0002441.000

ASK ABOUT THIS PROPERTY

Jordan KlinkMarcus & MillichapMore Info
317-218-5316

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Jordan KlinkMarcus & MillichapMore Info
317-218-5316

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