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Family Dollar 106 E River St 10,500 SF Retail Building Antwerp, OH 45813 $1,500,000 ($142.86/SF) 8.75% Cap Rate

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INVESTMENT HIGHLIGHTS

  • The property operates under a double-net lease with minimal landlord responsibilities
  • 20-year roof warranty in place
  • The lease features rental increases in each of the four, five-year renewal options
  • Antwerp, OH is 30 minutes northeast of Fort Wayne, IN , and a little over an hour southwest of Toledo, OH

EXECUTIVE SUMMARY

The Klink Group of Marcus & Millichap is pleased to present for sale the Family Dollar in Antwerp, Ohio. The property currently has +/-8 years remaining on a 10-year base term with four, five-year options with rental increases. The property operates under a double-net lease with minimal landlord responsibilities.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
10,500 SF
Building Class
C
Year Built
2023
Price
$1,500,000
Price Per SF
$142.86
Cap Rate
8.75%
NOI
$131,250
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.41 AC
Parking
26 Spaces (2.48 Spaces per 1,000 SF Leased)

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 10,500 SF
  • $12.50
  • Double Net
  • Feb 2034

Family Dollar is a neighborhood-focused retailer committed to providing everyday essentials at affordable prices. With merchandise typically ranging from $1 to $10, Family Dollar offers a wide selection of competitively priced national brands alongside value-driven private labels. Customers can find food and beverages, paper goods, health and beauty products, pet supplies, home décor, apparel, seasonal items, and personal electronics—all in one convenient location. Family Dollar stores are strategically located in communities across the country, including underserved areas often lacking access to affordable retail options. By placing stores in these neighborhoods, Family Dollar helps improve the availability of essential goods while saving customers time and money. The company’s mission is rooted in delivering value, convenience, and reliability to families seeking quality products on a budget.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer 10,500 SF $12.50 Double Net Feb 2034

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 12-03S-022-00
  • 12-30S-005-00
Land Assessment
$28,920
Improvements Assessment
$0
Total Assessment
$28,920
  • Listing ID: 38855983

  • Date on Market: 12/22/2025

  • Last Updated:

  • Address: 106 E River St, Antwerp, OH 45813

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