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1069 Jackson Pike
Gallipolis, OH 45631
Family Dollar · Retail Property For Sale
Investment Highlights
- Absolute NNN Lease with Zero Landlord Responsibilities
- Build-To-Suit Construction for the Tenant
- Essential, Value-Oriented Retail in a Rural Trade Area
- Nationally Recognized Discount Retailer Under New Ownership
- Established Jackson Pike Retail Corridor
- Favorable Automatic Renewal Structure
Executive Summary
Northmarq is pleased to present Family Dollar, a 8,359 SF asset located at 1069 Jackson Pike, Gallipolis, OH 45631. The property is offered at $1,158,176, representing a 8.50% cap rate on current NOI of $98,445. The asset is leased to Family Dollar with 4+ years of term remaining. The property benefits from established Jackson Pike retail corridor.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
8,359 SF
Building Class
C
Year Built
2015
Price
$1,158,176
Price Per SF
$138.55
Cap Rate
8.50%
NOI
$98,445
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.90 AC
Property Taxes
| Parcel Number | 008-001-074-08 | Improvements Assessment | $84,050 |
| Land Assessment | $43,920 | Total Assessment | $127,970 |
Property Taxes
Parcel Number
008-001-074-08
Land Assessment
$43,920
Improvements Assessment
$84,050
Total Assessment
$127,970
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