Dick's Sporting Goods | Avon, OH 35521 Chester Rd 60,000 SF 4-Star Retail Building Avon, OH 44011 $19,840,000 ($330.67/SF) 6.35% Cap Rate
INVESTMENT HIGHLIGHTS
- Single-Tenant Dick’s Sporting Goods (NYSE: DKS; S&P: BBB Investment Grade)
- Excellent Accessibility, Identity, and Visibility: The intersection of Chester Road and Center Road features over 60,000 CPD
- Highly Affluent Demographics: Over 107,000 residents in a 5-mile radius, with an average household income of over $163,000 within a 3-mile radius
- Dick’s Sporting Goods Announced Higher Sales and Profit for the Second Quarter of 2024; Reporting Double Digit Growth in Net Profit
- Regional Location, Major Retail Hub; Synergistically Located Adjacent to Cabela’s and Brand-New Topgolf Slated for a 2025 Opening
EXECUTIVE SUMMARY
Investment Grade Credit BBB | Relocation Store | Rare Absolute NNN Lease
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
60,000 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Price
$19,840,000
Price Per SF
$330.67
Cap Rate
6.35%
NOI
$1,260,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
7.73 AC
Zoning
C-4/O-2 - General Business/Planned Office Research Park Overlay
AMENITIES
- Freeway Visibility
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 04-00-016-104-058 | Improvements Assessment | $0 |
| Land Assessment | $933,398 | Total Assessment | $933,398 |
