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Dollar Tree 701 Lincoln Ave 10,500 SF Retail Building Cadiz, OH 43907 $1,830,000 ($174.29/SF) 7.40% Cap Rate
Investment Highlights
- 8.5+ YEAR NN+ LEASE
- SURROUNDED BY MULTIPLE NATIONAL RETAIL TENANTS
- CORPORATE LEASE GUARANTEE BY DOLLAR TREE INC. (S&P: BBB)
Executive Summary
The property benefits from strong surrounding national retailers, including Tractor Supply, DG Market, Advance Auto Parts, McDonald’s, Wendy’s, and a recently completed Bell Stores fuel and convenience center. Directly across Lincoln Avenue sits an 81-room Microtel Inn & Suites by Wyndham, further enhancing traffic and visibility.
With more than 8.5 years remaining on the initial lease term, this investment is offered at $1,830,000, representing a 7.40% cap rate on in-place NOI.
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- 10,500 SF
- -
- Double Net
- Sep 2034
Dollar Tree, Inc. is a major North American discount retailer headquartered in Chesapeake, Virginia. The company operates a large network of small-format stores across the United States and Canada, offering low-priced consumables, household goods, seasonal merchandise, health and beauty products, and snacks. Dollar Tree is widely recognized for its fixed-price strategy, selling most products at a set low price point through its Dollar Tree banner, while its Family Dollar banner offers everyday low-cost merchandise across variable price ranges. Corporate operations at the Chesapeake headquarters oversee merchandising, supply chain, marketing, finance, human resources, and real estate activities supporting thousands of stores nationwide. Dollar Tree emphasizes convenience, value, and efficient distribution, with additional support from multiple distribution centers throughout North America.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 10,500 SF | - | Double Net | Sep 2034 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 05-0002441.000 | Improvements Assessment | $0 |
| Land Assessment | $194,250 | Total Assessment | $194,250 |
Property Taxes
Presented by
Dollar Tree | 701 Lincoln Ave
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