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2360 Maple Ave, Zanesville, OH, 43701

Family Dollar
$1,051,429

Key Information

Cap Rate
8.75%
$ per SF
$94
Lot Size
1.1 Acres
Year Built
1997
Term Remaining
±5.24 YRS
Type
Retail
NOI
$92,000
Leasable Area
11,180

Highlights

  • Early Lease Renewal: Family Dollar recently elected to extend one of their lease options early, showing significant long-term commitment to the site and the Zanesville market.
  • Strategic Location: The subject property is positioned on Maple Avenue, Zanesville’s busiest north-south thoroughfare, benefiting from exposure to over 24,000 vehicles per day and immediate proximity to major national anchors including Walmart Supercenter, Sam’s Club, Home Depot, and Colony Square Mall.
  • Nearby Traffic Drivers: The site is ideally positioned within a mile of the region’s largest employer, Genesis Hospital, providing access to over 4,400 healthcare professionals driving shift-change traffic in the area.
  • National Reach: Family Dollar is a nationally recognized discount store operator with over 7,300 locations, providing investors with a reliable, corporate tenant.
  • Recession Resistant Concept: Family Dollar’s discount store model performs well in all economic cycles, driven by consistent consumer demand for value-oriented daily necessities.
  • Private Equity Support: The Family Dollar brand was recently acquired by private equity firms in a ~$1.0B transaction who aim to revamp the brand and cement Family Dollar as a household name in the discount retail sector.

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