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Save-A-Lot & Family Dollar 1703 Airport Hwy 28,237 SF 100% Leased Retail Building Toledo, OH 43609 $2,500,000 ($88.54/SF) 7.88% Cap Rate



Investment Highlights
- Minimal Landlord Responsibilites
- Corporate Lease
- Recession Resistant Tenant
- Strategic Retail Location
- Strong Real Estate Fundamentals
- Strong Demographics
Executive Summary
Property Facts
Amenities
- Pylon Sign
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
Family Dollar is a national discount retail chain headquartered in Chesapeake, Virginia, operating as a subsidiary of Dollar Tree since 2015. The company provides affordable everyday merchandise including household goods, groceries, cleaning supplies, apparel, health and beauty products, and seasonal items. Originally founded in 1959 in Charlotte, North Carolina, Family Dollar expanded rapidly through the Southeast and later nationwide. After its acquisition by Dollar Tree, the corporate headquarters transitioned to Chesapeake, though Family Dollar continues to maintain major operations and a distribution presence in Matthews and Charlotte, North Carolina. The Chesapeake headquarters supports executive leadership, merchandising, supply chain, operations, and administrative functions for thousands of Family Dollar stores across the United States. The brand focuses on neighborhood convenience, operating small-format stores that emphasize essential products at low prices.
Save A Lot is one of the largest discount grocers in the country, committed to providing customers with quality products at everyday low prices. Shoppers will find fresh produce, in-store cut meat, and exclusive award-winning brands that help save money. The store also offers a wide selection of popular national brands. Save A Lot focuses on keeping costs low, so customers can maximize their spending power. With a select assortment of around 1,800 frequently purchased products, they reduce the need for excess space and eliminate slow-moving items from their distribution. This streamlined approach enables them to pass the savings directly on to their customers, ensuring high-quality groceries at affordable prices every day of the week.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Retailer | - | - | - | ||
|
Retailer | - | - | - |
Property Taxes
| Parcel Number | 16-07851 | Improvements Assessment | $302,155 |
| Land Assessment | $30,520 | Total Assessment | $332,675 |
Property Taxes
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Save-A-Lot & Family Dollar | 1703 Airport Hwy
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