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Family Dollar | 3yrs Remain Corp NN 64 Lexington Ave 8,008 SF Retail Building Mansfield, OH 44907 $1,097,000 ($136.99/SF) 7.50% Cap Rate
Investment Highlights
- Approx. 3 Years Remaining | Corporate Lease | Automatic Option Structure
- Main Thoroughfare Location | Strong Visibility & Access | Established Retail Corridor
- NN Lease Structure | Fee Simple Ownership | Limited Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
Executive Summary
• The lease features four (5-year) automatic renewal options, each with 10%rental increases, providing steady NOI growth and a hedge against inflation
• The store has been operating at this location since 2004, demonstrating long-term site viability and tenant commitment
Property Facts
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Family Dollar is a national discount retail chain headquartered in Chesapeake, Virginia, operating as a subsidiary of Dollar Tree since 2015. The company provides affordable everyday merchandise including household goods, groceries, cleaning supplies, apparel, health and beauty products, and seasonal items. Originally founded in 1959 in Charlotte, North Carolina, Family Dollar expanded rapidly through the Southeast and later nationwide. After its acquisition by Dollar Tree, the corporate headquarters transitioned to Chesapeake, though Family Dollar continues to maintain major operations and a distribution presence in Matthews and Charlotte, North Carolina. The Chesapeake headquarters supports executive leadership, merchandising, supply chain, operations, and administrative functions for thousands of Family Dollar stores across the United States. The brand focuses on neighborhood convenience, operating small-format stores that emphasize essential products at low prices.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $206,430 | |
| Land Assessment | $16,840 | Total Assessment | $223,270 |
Property Taxes
Presented by
Family Dollar | 3yrs Remain Corp NN | 64 Lexington Ave
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