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701 Lincoln Ave
Cadiz, OH 43907
Dollar Tree · Retail Property For Sale
Investment Highlights
- 10 Year Lease with 8+ Years Remaining
- Four, Five-Year Renewal Options with $.50/SF Increases
- Tenant Responsible for CAM, Property Tax, Insurance, HVAC
- Minimal Landlord Responsibilities (Warranties in Place)
- County Seat Location Provides Regional Draw for Entire Harrison County
Executive Summary
The Klink Group of Marcus & Millichap is pleased to exclusively present the opportunity to acquire a newly constructed, single-tenant Dollar Tree located in Cadiz, Ohio. Completed in 2024, the Property is secured by a 10-year double-net (NN) lease with more than eight years of remaining primary term, providing investors with durable, predictable cash flow backed by one of the nation's leading discount retailers.
Strategically positioned along Lincoln Avenue, Cadiz's primary retail corridor, the Property is surrounded by national retailers including Tractor Supply, DG Market, Dunkin', Wendy's, McDonald's, Huntington Bank, and Marathon. Located immediately off U.S. Route 22, the site serves as a regional retail destination with direct access between the Columbus and Pittsburgh metropolitan areas.
With recent 2024 construction, a long remaining lease term, limited ownership responsibilities, and a nationally recognized necessity-based tenant, this offering presents investors with an exceptional opportunity to acquire a high-quality net lease asset designed to deliver stable cash flow and long-term portfolio stability.
Broker of Record: Michael Glass | Marcus & Millichap | 500 Neil Avenue, Ste. #100, Columbus, OH 43215 | Phone: 614-360-9800 | License #: BRK.2007005898
Strategically positioned along Lincoln Avenue, Cadiz's primary retail corridor, the Property is surrounded by national retailers including Tractor Supply, DG Market, Dunkin', Wendy's, McDonald's, Huntington Bank, and Marathon. Located immediately off U.S. Route 22, the site serves as a regional retail destination with direct access between the Columbus and Pittsburgh metropolitan areas.
With recent 2024 construction, a long remaining lease term, limited ownership responsibilities, and a nationally recognized necessity-based tenant, this offering presents investors with an exceptional opportunity to acquire a high-quality net lease asset designed to deliver stable cash flow and long-term portfolio stability.
Broker of Record: Michael Glass | Marcus & Millichap | 500 Neil Avenue, Ste. #100, Columbus, OH 43215 | Phone: 614-360-9800 | License #: BRK.2007005898
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
10,500 SF
Building Class
B
Year Built
2024
Price
$1,806,000
Price Per SF
$172
Cap Rate
7.50%
NOI
$135,450
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
2.44 AC
Parking
50 Spaces (4.76 Spaces per 1,000 SF Leased)
Frontage
198’ on Lincoln Avenue
Property Taxes
| Parcel Number | 05-0002441.000 | Improvements Assessment | $0 |
| Land Assessment | $20,500 | Total Assessment | $20,500 |
Property Taxes
Parcel Number
05-0002441.000
Land Assessment
$20,500
Improvements Assessment
$0
Total Assessment
$20,500
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