Brand NEW Dollar Tree with a 10 Year lease that opened for business on March 16th, 2017. The #1 dollar store concept - 8,000+ locations and total company Revenue of $22.25 Billion.
|Property Use:||Net Leased Property|
|Cap Rate Percentage:||7|
|Building Size:||10,965 SF|
|Lot Size:||0.94 AC|
High Quality Concrete Brick Construction - Building Retrofitted to Dollar Tree's latest concept in 2017.
NN Lease with Minimal Landlord Responsibility - Roof, Structure & Parking Lot.
NOI of $71,742.00 is after payment of Ground Lease for Delivery Truck area. SEE Aerial
Growing area with many national tenants - Just Opened O'Reilly Auto Parts. Additional Tenants - McDonald's, Save-a-Lot, Taco Bell, Waffle House, Subway, Dairy Queen, Advance Auto Parts, Arby's, Family Dollar and Citizen Bank.
8 1/2 Years remaining on initial 10 Year Lease with two 5 Year Options with Increases.Property Features
|Location:||Located along Cleveland Avenue which is the main retail corridor serving South Canton. The area continues to expand with the NEW Canton South High School serving 856 students within one mile . There are multiple employers in the area that include: Aultman, The Timken Co., Mercy Medical Center, Fisher Foods, General Electric, Die Bold, Chesapeake Energy Headquarters.|