8503-8513 Main Street - Storefront FOR SALE


Kinsman, OH 44428
$1,334,216 USD
201-215-1802
8503-8513 Main Street, Kinsman, OH for Sale
$1,334,216 USD
Storefront - FOR SALE
1/11
null | 8.17% Cap Rate

8503-8513 Main Street
Kinsman, OH 44428


HIGHLIGHTS

  • Scheduled Rent Increases
  • Strong Anchor Tenants
  • Limited Competition
  • Dominanet Market-Share Location

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the Dollar General & Marathon Gas Station Center, an investment property located at 8503-8511 Main Street in Kinsman, Ohio (the “Property”). The Property is comprised of three (3) buildings and includes a total of 22,559 square feet on a combined 5.24-acre lot. The Property is anchored by Dollar General and a Marathon Gas Station and Convenience Store, and the remainder of the Property is leased to the Cleveland Clinic and Main Discount Drugs. The Property also includes a freestanding self-storage facility. Dollar General has been at this location since 2003 and recently extended their lease demonstrating their commitment to the site and the market. The Dollar General & Marathon Gas Station & Convenience Store Center is ideally positioned along Main Street (OH Route 7), the area’s primary commercial and commuter corridor. The Property is 0.2 miles from OH Route 87 and 1 mile from OH Route 5. The Property benefits from outstanding visibility, frontage, and signage and has three (3) points of access. The Property is one of the primary shopping destinations in the area, offering the surrounding community access to a gas station and convenience store, a discount retailer, a medical office, pharmacy and self-storage. Kinsman is in northeastern Ohio and is 12 miles west of Greenville, 22 miles northeast of Warren, and 60 miles east of Cleveland.

FOR SALE DETAILS

PRICE

$1,334,216 USD

PRICE/SF

$59 USD /SF

CAP RATE

8.17%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General & Marathon Gas Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.24 AC

LAND SF

228,254 SF

ZONING

-

APN/PARCEL ID

09-009255

ASK ABOUT THIS PROPERTY

Steven SchiavelloHorvath & TremblayMore Info
201-215-1802

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Steven SchiavelloHorvath & TremblayMore Info
201-215-1802

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