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Family Dollar 308 S Michigan St 8,320 SF Retail Building Edon, OH 43518 $751,000 ($90.26/SF) 9.05% Cap Rate
Investment Highlights
- 8,320± SF Freestanding Single-Tenant Family Dollar | Situated on a 1.00 Acre Parcel in Edon, OH (Williams County)
- The Subject Property is Located in Edon, OH - Williams County - 38 Miles From Fort Wayne, IN & 64 miles From Toledo, OH
- Strategic Location Minimal Competition & Located 16 Miles From Family Dollar Distribution Center
- Double "NN" Net Lease Structure - Minimal Landlord Obligations
- Average Household Income Exceeds $59,600 Within Five Mile Radius
- Edon Is a Tightly Knit Rural Community In Williams County | Known For Its Stable Residential Base & Proximity to the Indiana border
Executive Summary
8,320± SF Freestanding Single-Tenant Family Dollar | Situated on a 1.00 Acre Parcel in Edon, OH (Williams County)
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,320 SF
Building Class
B
Year Built
2020
Price
$751,000
Price Per SF
$90.26
Cap Rate
9.05%
NOI
$68,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.00 AC
Parking
30 Spaces (3.61 Spaces per 1,000 SF Leased)
Frontage
198’ on South Michigan Street
Property Taxes
| Parcel Number | 071-200-06-009.006 | Improvements Assessment | $147,670 |
| Land Assessment | $13,130 | Total Assessment | $160,800 |
Property Taxes
Parcel Number
071-200-06-009.006
Land Assessment
$13,130
Improvements Assessment
$147,670
Total Assessment
$160,800
Contacts
-
Deno Bistolarides -
Ryan Vinco -
Dante Hargis -
Encore Real Estate Investment Services
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Family Dollar | 308 S Michigan St
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