Tenant Family Dollar and The Attic Collectibles

1230 Wooster Rd W, Barberton, OH
Deal Type:
Net Lease
Price:
$710,500
Cap Rate:
8.75%
Current NOI:
$62,167
Renewal Options:
See OM
Building Sq. Ft.:
14,179 SF
Rent Increases:
See OM
Site Size:
2.67 Acres

Investment Highlights

  • Investment Grade Tenant: Family Dollar/Dollar Tree has a credit rating of BBB- by Standard & Poors.
  • National Tenants: Strong local presence from other name brand tenants such as McDonald’s, Planet Fitness, Subway, and Circle K.
  • Well Positioned: Situated near the signalized intersection of 31st St and Wooster Rd W which has a combined traffic count of 25,000 VPD.
  • Long Term Tenancy: Family Dollar / Dollar Tree has occupied the site since 2004 showing their commitment to the location. The tenant has recently executed their second option.
  • Rent Increases: Family Dollar has 10% rental bumps every 5 years at the beginning of each option period providing a strong hedge against inflation.
  • Sales Reporting: Family Dollar reports sales allowing for complete transparency between landlord and tenant.
  • Value Add Potential: The Attic Collectibles is MTM providing ability to add value through lease up.

Listing Agents

Danny Karbowski Stream Capital Partners

Danny Karbowski

Associate
630 842 1127
[email protected]

Graham Gold

Vice President
314 324 8792
[email protected]

Krupa Shah

Managing Director
646 734 4188
[email protected]

In Association with ParaSell, Inc. | A Licensed Ohio Broker #REC.2020005946

Download Offering Memorandum

Please enter your first name, last name, email address and phone number in the text boxes. Please also indicate whether you are a Buyer or Broker. Once the form is submitted the offering memorandum will be emailed to you.

    Are you a buyer or broker?

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.







    X

    Request Due Diligence Access

    Please fill out and submit the form below to request access to due diligence for this property. If you agree with the terms of the NDA, please check the "Approve NDA" box and submit. By submitting this form, you agree to the Terms and Conditions of the Confidentiality Agreement.

    If you would like to modify the NDA, please download the Word version, make your changes, and attach the revised version to the form or email it to [email protected].

    Once we receive your NDA, we will contact you with login information.

    View/Download NDA in Word format

      If you have made changes to the Word version of the NDA, please attach it here

      This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.






      View All Listings