Sperry Van Ness is pleased to present this NN leased Family Dollar built in 2011 with lease term through September 30, 2021. The 7.8% cap rate increases to 8.2% with a 5% rent increase on 10/1/2016. Sales Info: ■ Commision split: 4.0% Location Description: Otway is a village located 80 miles east of Cincinnati in Scioto County. Strong store sales confirm the value driven business model by Family Dollar of locating in less populous areas. Family Dollar serves as the primary source of discount food and household items for the community resulting in strong store sales. Highlights: ■ 2011 construction ■ NN lease through 9/30/2021 ■ 7.8% cap rate ■ 8.2% cap with 5% rent incr. 10/1/2016 ■ Available individually or as a 3 bldg portfolio « show less
Sperry Van Ness is pleased to present this NN leased Family Dollar built in 2011 with lease term through September 30, 2021. The 7.8% cap rate... show more »
Request Property Information
Please describe your commercial real estate requirements.
We’ll introduce you to local properties that match your criteria.
Rofo has the most comprehensive commercial real estate listings in your area. Search for office spaces, retail spaces, and industrial spaces. We compile all the information you need to find the office spaces that match your business needs and provide quick access to the office brokers. Use our friendly user-interface and detailed listings to search your area for small business office spaces for rent and for lease.