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17 Mansfield Ave
Shelby, OH 44875
Family Dollar · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 2010 build-to-suit construction for Family Dollar
- Two, 5-Year renewal options remaining; all of which include a 10% rent increase
- ± 13,000 vehicles daily at the intersection of E Main St. & Mansfield Ave
- Tenant recently extended their lease to a new full 10-year term
- Family Dollar has successfully operated at this location for 14 years, proving their commitment to the location and market
- 5-Mile population of ± 10,134 residents
EXECUTIVE SUMMARY
10-Mile population of ± 13,391 residents. Strong corporately guaranteed lease.
Now operating as an independent company, Family Dollar benefits from both fresh capital and significant retail expertise. This backing is expected to
accelerate store upgrades and drive operational improvements. With its proven value-focused model and strong presence in local communities, Family
Dollar continues to serve as a resilient anchor tenant, positioned for sustained growth in the years ahead.
Now operating as an independent company, Family Dollar benefits from both fresh capital and significant retail expertise. This backing is expected to
accelerate store upgrades and drive operational improvements. With its proven value-focused model and strong presence in local communities, Family
Dollar continues to serve as a resilient anchor tenant, positioned for sustained growth in the years ahead.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,180 SF
Building Class
C
Year Built
2010
Price
$1,261,334
Price Per SF
$137.40
Cap Rate
8.25%
NOI
$104,060
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.84 AC
Zoning
Commercial - Retail Trade
Parking
30 Spaces (3.57 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 046-08-185-18-000 | Improvements Assessment | $281,650 |
| Land Assessment | $21,130 | Total Assessment | $302,780 |
PROPERTY TAXES
Parcel Number
046-08-185-18-000
Land Assessment
$21,130
Improvements Assessment
$281,650
Total Assessment
$302,780
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