Discount
Family Dollar
106 E River St, Antwerp, OH 45813
Listing Price: $1,500,000
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
Listing Price: $1,500,000
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