Family Dollar for Sale in Cleveland, OH
Cleveland, OH
Key Investment Metrics
Price
$1,374,000
Cap Rate
9.3%
Net Operating Income
$127,050
Building Size
9300 SF
Land Area
0.68 Acres
Remaining Term
3.9 years
Lease Expiration
06/29/2030
Lease Type
NN
Tenant Credit
Corporate Guarantee
Year Built
2006
Tenancy
Single
Rent Increases
10% at each Option
AI illustration · Not the listed propertyProperty overview
Family Dollar in Cleveland
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 9,300 SF
- Land area
- 0.68 acres
- Year built
- 2006
- Lease type
- NN
- Lease expiration
- 06/29/2030
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.