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41631 N Ridge Rd
Elyria, OH 44035
Family Dollar | RARE CPI Increases · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
8,320 SF
Building Class
C
Year Built
2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.90 AC

ABOUT 41631 N RIDGE RD , ELYRIA, OH 44035

Marcus & Millichap, on behalf of ownership, is pleased to exclusively offer this Family Dollar in Elyria, Ohio, part of the Greater Cleveland MSA and seat of Lorain County. The Tenant has more than 10 years remaining on an absolute NNN lease with no landlord responsibilities. The lease features rarely available increases every three years of the base term and six, six-year option periods based upon the Consumer Price Index (CPI). The lease is corporately guaranteed by Family Dollar. With over 8,000 locations in the United States, it is the second largest dollar store chain. In 2015, the chain was acquired by Dollar Tree, the largest single price-point retailer in North America, operating thousands of stores across 48 contiguous United States and five Canadian provinces.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-22-018-113-039
Land Assessment
$71,575
Improvements Assessment
$490,000
Total Assessment
$561,575
  • Listing ID: 15763087

  • Date on Market: 4/17/2019

  • Last Updated:

  • Address: 41631 N Ridge Rd, Elyria, OH 44035

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