Shopping Strip
Dollar Tree 2-Tenant Retail & Biggby Coffee Ground Lease
2242 W Market St, Akron, OH 44313
Listing Price: $1,648,000
Investment Overview
100% Occupied, 13,500 SF 3-Tenant Dollar Tree- Anchored Retail in Akron, OH. Located Along W Market Street (Route 18) – Primary Arterial for the Area with 18,363 VPD. Commuter Route Location Straddling the Fairlawn Retail Trade Area & Downtown Akron.
Dollar Tree 2-Tenant Retail & Biggby Coffee Ground Lease
Investment Highlights
- 100% Occupied, 13,500 SF 3-Tenant Dollar Tree- Anchored Retail in Akron, OH
- Dollar Tree (10,000 SF, 74% of GLA) – Leased thru October 2026 at $10.50/SF NNN
- Offered Below Replacement Cost at $115/SF; Low Price-Point at $1.65 Million
- Strong Positive Leverage Opportunity – 10.5% Cash-on-Cash & 14% Total Return with Market Financing Terms (70% LTV, 6.75% Rate, 25-Yr AM)
- Offering Includes Biggby Coffee Abs NNN Ground Lease with 7 Years Remaining. Separately Parceled Facilitating Easy Spin-Off if Desired.
- Generation Strong – Local Strength Training & Weightlifting Center Occupying Rear GLA Behind Dollar Tree
- Downtown Akron – 4 Miles Southeast; University of Akron, Cleveland Clinic Akron General Hospital, Summa Health
- Dense Suburban Demographics: 7,900/1-Mi, 59,500/3-Mi & 143,000/5-Mi Population Counts. Affluent Neighborhood Location with $94K AHHI/1-Mi and $74K+ AHHI in All Radius Rings.
Exclusively Listed By
Shopping Strip
Dollar Tree 2-Tenant Retail & Biggby Coffee Ground Lease
Listing Price: $1,648,000
Investment Highlights
- 100% Occupied, 13,500 SF 3-Tenant Dollar Tree- Anchored Retail in Akron, OH
- Dollar Tree (10,000 SF, 74% of GLA) – Leased thru October 2026 at $10.50/SF NNN
- Offered Below Replacement Cost at $115/SF; Low Price-Point at $1.65 Million
- Strong Positive Leverage Opportunity – 10.5% Cash-on-Cash & 14% Total Return with Market Financing Terms (70% LTV, 6.75% Rate, 25-Yr AM)
- Offering Includes Biggby Coffee Abs NNN Ground Lease with 7 Years Remaining. Separately Parceled Facilitating Easy Spin-Off if Desired.
- Generation Strong – Local Strength Training & Weightlifting Center Occupying Rear GLA Behind Dollar Tree
- Downtown Akron – 4 Miles Southeast; University of Akron, Cleveland Clinic Akron General Hospital, Summa Health
- Dense Suburban Demographics: 7,900/1-Mi, 59,500/3-Mi & 143,000/5-Mi Population Counts. Affluent Neighborhood Location with $94K AHHI/1-Mi and $74K+ AHHI in All Radius Rings.
Investment Overview
100% Occupied, 13,500 SF 3-Tenant Dollar Tree- Anchored Retail in Akron, OH. Located Along W Market Street (Route 18) – Primary Arterial for the Area with 18,363 VPD. Commuter Route Location Straddling the Fairlawn Retail Trade Area & Downtown Akron.
Exclusively Listed By
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