Freestanding For Sale • 16,364 SF
100% Occupied, 13,500 SF 3-Tenant Dollar Tree- Anchored Retail in Akron, OH & Includes Biggby Coffee Abs NNN Ground Lease with 7 Years Remaining |
Offered Below Replacement Cost at $115/SF; Low Price-Point at $1.65 Million |
Strong Positive Leverage Opportunity – 10.5% Cash-on-Cash & 14% Total Return with Market Financing Terms (70% LTV, 6.75% Rate, 25-Yr AM) |
Generation Strong – Local Strength Training & Weightlifting Center Occupying Rear GLA Behind Dollar Tree |
Located Along W Market Street (Route 18) – Primary Arterial for the Area with 18,363 VPD |
Commuter Route Location Straddling the Fairlawn Retail Trade Area & Downtown Akron |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Botzum (National Park Scenic Railway - Cuyahoga Valley Scenic Railroad) | 10 min | - | 4.3 mi |
Big Bend (National Park Scenic Railway - Cuyahoga Valley Scenic Railroad) | 10 min | - | 4.7 mi |
Airport | Drive | Walk | Distance |
Akron-Canton Regional | 28 min | - | 19.8 mi |
Cleveland-Hopkins International | 48 min | - | 33.0 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 30 |
Type: | Surface |
Included in Rent: | Yes |