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Family Dollar

106 E River St, Antwerp, OH 45813

Listing Price: $1,500,000

Cap Rate
8.75%
Tenant Name
Family Dollar
Years Remaining On Lease
8.1
Guarantor
Corporate Guarantee
Rentable SF
10,500
Lease Type
Double Net
Rent Per Square Feet
$12.50

Investment Overview

Marcus & Millichap is pleased to present for sale the Family Dollar in Antwerp, Ohio. The subject property offers investors a stable, long-term net-leased retail opportunity backed by a nationally recognized discount retailer.

The property has approximately ±8 years remaining on the original 10-year base term and operates under a double-net (NN) lease, providing minimal landlord responsibilities (roof, structure and parking lot replacement) and has a 20-year roof warranty. The lease features four (4) additional 5-year renewal options, each containing rental increases, allowing for built-in income growth.

This offering is well-suited for passive investors seeking durable income, limited management obligations, and long-term residual value.

Investment Highlights

  • Located just off Main & Main intersection of East River Street and North Main Street
  • The property was built in 2023 (20 Year Roof Warranty)
  • The property operates under a double-net lease with minimal landlord responsibilities
  • This is the only Family Dollar in a 15+ mile radius
  • Antwerp, OH is 30 minutes northeast of Fort Wayne, IN , and a little over an hour southwest of Toledo, OH

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Executive Managing Director, Chief Revenue Officer- Mid-West Division

    (614) 360-9800

    License(s) OH: BRK.2007005898

    Ohio

Discount

Family Dollar

Listing Price: $1,500,000

Cap Rate
8.75%
Tenant Name
Family Dollar
Years Remaining On Lease
8.1
Guarantor
Corporate Guarantee
Rentable SF
10,500
Lease Type
Double Net
Rent Per Square Feet
$12.50

Investment Highlights

  • Located just off Main & Main intersection of East River Street and North Main Street
  • The property was built in 2023 (20 Year Roof Warranty)
  • The property operates under a double-net lease with minimal landlord responsibilities
  • This is the only Family Dollar in a 15+ mile radius
  • Antwerp, OH is 30 minutes northeast of Fort Wayne, IN , and a little over an hour southwest of Toledo, OH

Investment Overview

Marcus & Millichap is pleased to present for sale the Family Dollar in Antwerp, Ohio. The subject property offers investors a stable, long-term net-leased retail opportunity backed by a nationally recognized discount retailer. The property has approximately ±8 years remaining on the original 10-year base term and operates under a double-net (NN) lease, providing minimal landlord responsibilities (roof, structure and parking lot replacement) and has a 20-year roof warranty. The lease features four (4) additional 5-year renewal options, each containing rental increases, allowing for built-in income growth. This offering is well-suited for passive investors seeking durable income, limited management obligations, and long-term residual value.

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Executive Managing Director, Chief Revenue Officer- Mid-West Division

    (614) 360-9800

    License(s): OH: BRK.2007005898

    Ohio

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