1500 State Route 39 NE
New Philadelphia, OH 44663
Brand New Family Dollar (10+ Years) · Retail Property For Sale

Fortis Net Lease is pleased to present this Family Dollar NN Lease located in the heart of New Philadelphia, Ohio. The property is encumbered with a 10 Year NN Lease, with minimal landlord responsibilities. The lease contains Six, Five-year options, with rent increases various in options. The lease is corporately guaranteed by Dollar Tree Stores, Inc. This Family Dollar location is strategically located in New Philadelphia, Ohio. Nearby retailers include NAPA Auto Parts, Advanced Auto Parts, Salvation Army, Uncle Primo's and more. The population within a five-mile radius is greater than 38,000. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant. List price reflects a 8.65% cap rate based on NOI of $85,846.