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60 W Main St 10,200 SF Retail Building Salineville, OH 43945 $1,150,000 ($112.75/SF) 7.30% Cap Rate
Investment Highlights
- Original ten (10) year corporate lease expiring 02/28/2032; renewal options available
- 6+ Year Term Remaining
- 2022 new HVAC (4 units) and parking lot
Executive Summary
Anchor Retail is proud to exclusively list for sale this newer construction Family Dollar in Salineville, Ohio. It offers a strategic location in an affordable real estate marketing with low operating costs, while benefiting from a growing corridor for rural revitalization in eastern Ohio. The immediate area benefits economically from multiple large employers: Salem Regional Medical Center, East Liverpool City Hospital, Kent State University - Columbiana County: East Liverpool and Salem, Columbiana Boiler Company, MAC Manufacturing, Walmart, among others.
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Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
10,200 SF
Year Built
2005
Price
$1,150,000
Price Per SF
$112.75
Cap Rate
7.30%
NOI
$84,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.27 AC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
Family Dollar began in 1959 as a discount variety store chain and grew from a neighborhood retail concept into a nationwide business serving everyday shopping needs. The company focuses on affordable family essentials and carries food and beverages, paper products, health and beauty supplies, pet food, home products, apparel and accessories, seasonal goods, and electronics. Family Dollar supports convenient value shopping through national brands, private-label items, and digital savings tools across the United States.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 7200096000 | Improvements Assessment | $67,060 |
| Land Assessment | $13,230 | Total Assessment | $80,290 |
Property Taxes
Parcel Number
7200096000
Land Assessment
$13,230
Improvements Assessment
$67,060
Total Assessment
$80,290
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60 W Main St
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