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Dollar Tree | Mansfield, OH 770 Ashland Rd 14,820 SF Retail Building Mansfield, OH 44905 $2,199,000 ($148.38/SF) 7.75% Cap Rate
Investment Highlights
- Corporate Lease – 9,200 Stores Across 48 States & Canada
- 10% Rental Increases Every 5 Years - Oversized 2.38 Acre Lot
- Retail Corridor – CVS, Kroger, Wendy’s, Shell
- New Ten (10) Year Lease – Plus Four (4), Five (5) Year Options
- 105,944 Residents in 5-Miles – 20,157 Cars Per Day
- 63 Minutes from Columbus, OH – 79 Minutes from Cleveland, OH
Executive Summary
Dollar Tree Stores, Inc. operates more than 9,200 store locations across 48 contiguous U.S. states and Canada.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,820 SF
Building Class
B
Year Built
2006
Price
$2,199,000
Price Per SF
$148.38
Cap Rate
7.75%
NOI
$170,430
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
2.38 AC
Parking
50 Spaces (3.37 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $183,380 | |
| Land Assessment | $70,410 | Total Assessment | $253,790 |
Property Taxes
Parcel Numbers
Land Assessment
$70,410
Improvements Assessment
$183,380
Total Assessment
$253,790
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