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300 5th St
Beverly, OH 45715

$850,000 USD

Freestanding For Sale  •  10,971 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 10,971 SF
  • Lot Size 0.8 AC
  • Building Class C
  • Year Built 1987
  • Cap Rate 8.74 %
  • Tenancy Single
0 Transit Score
40 Walk Score

Highlights

Established Tenancy: Operating continuously since 1987, Family Dollar/Dollar Tree has demonstrated a long-term commitment and performance
Strong Sales Performance: 2024 sales exceed $2.4 million, triggering additional percentage rent of $14,251 on top of base rent
Attractive Rent Metrics: Extremely low base rent of $5.47/SF, offering long-term rent growth potential
Low Acquisition Basis: Priced at just $77/SF, offering a compelling entry point relative to replacement cost
Exclusive Retail Positioning: The only value-focused retail store in the Beverly, OH market, enhancing tenant resilience and relevance
Strategic Expansion: 3,700 SF expansion completed in 2016 to support operational needs, reflecting strong historical sales and tenant investment
Cap Rate: 8.74 %

Major Tenants

Tenant SF Occupied Lease End Date
Family Dollar/Dollar Tree 10,971 SF 12/31/2026
Austin Marsh 844-474-4666 Sands Investment Group Austin, LLC
Austin Marsh 844-474-4666 Sands Investment Group Austin, LLC