Details
Family Dollar in Struthers, OH
500 Youngstown-Poland, Struthers, OH
hIGHLIGHTS
Size:9,180 SF
Price:$1,021,333.00
CAP RATE:8.25%
NOI:$84,260.00
PROPERTY
OVERVIEw
DETAILS
• Building constructed in 2008
• NN Lease structure
• Lease commencement date: 1/29/2009
• Lease expiration date: 12/31/2023
• Credit Rated Tenant, Corporate Guarantee
InCommercial Property Group is pleased to offer the opportunity to acquire a Family Dollar in Struthers, OH. The 9,180 SF single tenant building sits on 0.82 acres and is located on Youngstown-Poland Rd. Priced at $1,021,333 with a 8.25% cap rate, the NN lease runs through Dec. 31, 2023. The site conveniently sits along a busy retail corridor with great visibility, access, and plenty of surface parking spaces. Family Dollar (NYSE: FDO) is one of the nation’s fastest growing retailers, operating over 8,000 stores in approx. 50 States and is a Fortune 500 company with a $39 Billion market cap. The Company currently holds an S&P credit rating of BBB- (Investment Grade Credit).