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Family Dollar 266 E South St 9,180 SF of Retail Space Available in Akron, OH 44311
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 9,180 SF | Negotiable | $5.10 /SF/YR $0.43 /SF/MO $46,818 /YR $3,902 /MO | Modified Gross |
1st Floor
The Subject Property is a 9,180 SF free standing retail building formerly occupied by Family Dollar. The Subject Property is located in Akron in extremely close proximity to Route 8. Almost across the road, there are the USPS distribution center and the county prison as stable employers. The university of Akron and downtown are just 5 minutes away. The property is in a good condition being built relatively recently in 2007 with roof and HVAC regularly serviced and maintained. Parking lot spans two city lots offering great access (ingress, egress) to customers. The Family Dollar store was bringing above average revenue for a typical location. There are over 215,000 people within a 5 mile radius of this location. The property is equipped with one restroom. All mechanicals and the roof are in good working condition. Between Interstate 77 and E. South Street, this location has traffic counts of a combined 137,000 vehicles per day. The property is within a 5 mile radius of Summa Health System, The University of Akron, Canal Park, and the Akron Zoo.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 9,180 SF | Gross Leasable Area | 9,180 SF |
| Property Type | Retail | Year Built | 2006 |
| Property Subtype | Freestanding | Parking Ratio | 3.27/1,000 SF |
| Total Space Available | 9,180 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 9,180 SF |
| Year Built | 2006 |
| Parking Ratio | 3.27/1,000 SF |
ABOUT THE PROPERTY
The Subject Property is a 9,180 SF free standing retail building formerly occupied by Family Dollar. The Subject Property is located in Akron in extremely close proximity to Route 8. Almost across the road, there are the USPS distribution center and the county prison as stable employers. The university of Akron and downtown are just 5 minutes away. The property is in a good condition being built relatively recently in 2007 with roof and HVAC regularly serviced and maintained. Parking lot spans two city lots offering great access (ingress, egress) to customers. The Family Dollar store was bringing above average revenue for a typical location. There are over 215,000 people within a 5 mile radius of this location. The property is equipped with one restroom. All mechanicals and the roof are in good working condition. Between Interstate 77 and E. South Street, this location has traffic counts of a combined 137,000 vehicles per day. The property is within a 5 mile radius of Summa Health System, The University of Akron, Canal Park, and the Akron Zoo. -Owner is open to creative seller financing deal structures
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Family Dollar | 266 E South St
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