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56330 National Road, Bridgeport, OH, 43912

Family Dollar

$1,314,176

Key Information

Cap Rate
8.5%
Tot. SF
7,600
Lot Size
0.98 Acres
Year Built
2013
Term Remaining
± 3 Years
Type
Retail
NOI
$111,705

Highlights

• Corporate Tenant – The lease is signed by Family Dollar Stores of Ohio, Inc. Family Dollar operates over 7,100 locations across the country with a reported revenue of ~$13B in the last Fiscal Year.
• Absolute NNN – This is a rare absolute NNN lease for Family Dollar with zero landlord responsibilities, offering 100% passive income to a prospective purchaser.
• Passive Value-Add Investment – This asset represents an ideal play for an investor seeking high-yield, low-risk corporate income in the short term, paired with the long-term upside of inheriting a well-maintained, freestanding commercial building.
• Attractive Increase Schedule – 10% rental increases in each of the Six, 5-year options, which is beneficial to an owner as it increases their annual cash flow and helps hedge against inflation.
• Essential Retail – Family Dollar stores often serve as community “essential retail anchors” in secondary and tertiary markets where discount retail is mission-critical for local consumers.
• Recession Resistant Tenant – Discount retail historically performs well during economic uncertainty, benefitting from resilient demand as consumers seek value and affordable essentials.
• Strategic Access & High Visibility Corridor – Strategically positioned along National Road (US-40) boasting a traffic count of 13,330 Vehicles Per Day (VPD). This benefits an owner by having strong traffic moving past their property.

Photos

Location

Agents

Broker of Record

Matt Wallace

License # BRKP.2024002419, REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113