Properties

Family Dollar

3407 Harrison Ave Cincinnati, OH,

Property Information

Tenant

Family Dollar

Price

$1,588,889

Cap Rate

9.00

Lease Type

Double Net

Square Feet

9445

Status

Available

About the property

SAB is pleased to present Family Dollar in Cincinnati, OH. It is a double net lease, where the tenant is responsible for all operating expenses. The lease features 10% rent increases in each of its five, 5-year options. This provides a hedge against inflation. The lease is corporately guaranteed by Family Dollar which operates more than 8,000 locations throughout the country and has a strong S&P: BBB- credit rating. The Family Dollar is situated in an incredibly dense part of Cincinnati with more than 245,000 residents within 5 miles. The store is also performing well with above-average store sales.

  • Family Dollar in Cincinnati, OH | Ohio’s Largest Metropolitan Area

  • Strong Corporate Guaranty | S&P: BBB-

  • Dense Market | More Than 245,900 Residents Within 5 Miles

  • Significant Capital Commitment to the Area | More Than $47 Million in Planned Commercial Development Since 2019

  • Above Average Stores Sales

  • Ideally Located Along Harrison Ave | More Than 15,400 Vehicles Per Day (VPD)

  • Additional Retail in the Area Includes: Walgreens, CVS, Wendy’s, White Castle, AutoZone Auto Parts, Long John Silver’s and Many More

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