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Dollar Tree 1038 E Tallmadge Ave 10,120 SF Retail Building Akron, OH 44310 $1,392,909 ($137.64/SF) 8.25% Cap Rate

Retail Buildings Ohio Akron 1038 E Tallmadge Ave, Akron, OH 44310

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Investment Highlights

  • Global tire manufacturer headquartered in Akron, employing approximately 68,000 people worldwide with its world HQ and Innovation Center driving local
  • A 289-bed pediatric Level I trauma hospital with more than 7,000 employees, serving over half a million patients annually.
  • County workforce and career center located immediately adjacent at 1040 E Tallmadge Ave, generating consistent daily foot traffic.
  • A 750-bed Level I trauma teaching hospital and the system’s flagship, anchoring a workforce of over 8,500 employees system-wide.
  • Major public research university with over 15,000 students driving consistent daily traffic to the corridor.
  • Established Howe Avenue retail node featuring Home Depot, Giant Eagle, Marc’s, and other national tenants.

Executive Summary

For sale is the 100% fee-simple interest in the free-standing Dollar Tree (Store #5760) located at 1038 E Tallmadge Ave, Akron, OH 44310. This well-positioned site sits along the East Tallmadge Avenue retail corridor in Akron’s North Hill neighborhood, offering excellent visibility and access to the SR-8 Tallmadge Avenue interchange. The property benefits from immediate proximity to the OhioMeansJobs Summit County Center next door and the established Howe Avenue retail node featuring Home Depot, Giant Eagle, and Marc’s. The surrounding trade area is a dense urban infill market anchored by major regional employers including Goodyear Tire & Rubber’s global headquarters, Summa Health’s Akron Campus, Akron Children’s Hospital, and the University of Akron. Backed by Dollar Tree’s investment-grade credit profile and an essential-goods business model proven to perform in dense, value-oriented markets, this property offers a stable, recession-resilient income stream in a core Northeast Ohio MSA.

Attachments

Dollar Tree - Akron OH

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,120 SF
Building Class
B
Year Built
2015
Price
$1,392,909
Price Per SF
$137.64
Cap Rate
8.25%
NOI
$114,915
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.98 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
U-3 - Retail business district
Parking
50 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
299’ on Tallmadge Ave

Amenities

  • Pylon Sign
  • Signage

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • Jan 0000

Dollar Tree began in 1986 as Only $1.00, building on earlier variety-store and toy-retail roots in Virginia. The company later adopted the Dollar Tree name and grew into a value retailer focused on everyday essentials, seasonal merchandise, and discovery-oriented shopping. Current offerings include housewares, cleaning supplies, candy, snacks, food, health and beauty products, toys, gifts, stationery, craft and party supplies, books, and seasonal décor. The business also sells through its digital channels, including case-pack ordering, store pickup, home delivery, and same-day local delivery from participating store locations.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - Jan 0000
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Source: Local Logic®

Nearby Major Retailers

Chase Bank
Rent-a-center

Property Taxes

Parcel Number 67-63655 Improvements Assessment $434,130
Land Assessment $37,356 Total Assessment $471,486

Property Taxes

Parcel Number
67-63655
Land Assessment
$37,356
Improvements Assessment
$434,130
Total Assessment
$471,486
(216) 342-9312

Still interested?

Contact the broker for more information about this property

Contact

  • Listing ID: 40681737

  • Date on Market: 5/27/2026

  • Last Updated:

  • Address: 1038 E Tallmadge Ave, Akron, OH 44310

The Chapel Hill Retail Property at 1038 E Tallmadge Ave, Akron, OH 44310 is currently available. Contact Goodman Real Estate Services Group for more information.

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Dollar Tree | 1038 E Tallmadge Ave
(216) 342-9312 x

Dollar Tree | 1038 E Tallmadge Ave

Rob Yaskanich
(216) 342-9312

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