33200 State Route 172
Lisbon, OH 44432
Family Dollar · Retail Property For Sale

Marcus & Millichap is pleased to offer for purchase a brand new freestanding, fee simple 8,400 square foot Family Dollar located in Lisbon, Ohio. Lisbon is located ± 53 miles southeast of Akron in Columbiana County near the Ohio/Pennsylvania border. The subject property is strategically situated on a ± 1.38 acre parcel. This investment is accompanied by a corporately guaranteed lease. The initial term of the lease is for 10 years and contains six (6), five-year renewal options all with rent escalations during each five-year period. Family Dollar was acquired by Dollar Tree Stores, Inc., which is a publicly traded company on NASDAQ with the ticker symbol ‘DLTR’. In 2016, Dollar Tree reported annual revenues of $20.7 billion with a net worth of $5.4 billion. Lisbon is located within the Salem, OH Micropolitan Statistical Area, as well as the southern regions of the greater Mahoning Valley. It is also located only ± 64 miles from Pittsburgh, PA. This investment opportunity is offered at a purchase price of $1,143,894, reflecting a 7.50% cap rate. Based upon a market debt quote, we project the initial cash-on-cash return of 9.04%. Please refer to the following pages for a full schedule of rents, financing quote for a new first loan, and return growth chart.