Family Dollar | Geneva, OH
Sands Investment Group is Pleased to Present Exclusively For Sale the 7,012 SF Family Dollar Modified Gross Asset Located at 120 E Main Street in Geneva, OH. This Deal Includes Additional Rent: a Percentage Rent Equal to 2.5% of the Gross Sales in Excess of $1,705,680 Made By the Tenant, Providing For a Unique Investment.
- Original Build-to-Suit For Family Dollar in 1990 Showing Their Commitment to the Site
- Additional Rent: a Percentage Rent Equal to 2.5% of the Gross Sales in Excess of $1,705,680 Made By the Tenant
- Corporately Guaranteed By Dollar Tree, Inc (NYSE: DLTR) Which Has 16,340+ Locations Nationwide and Has Credit Ratings of BBB (S&P) and Baa2 (Moody’s)
- Located on Geneva’s Primary Retail Corridor With Other National Tenants in the Area Such as: CVS, Ace Hardware, Dominoes, U.S. Bank and Circle K
- Situated in Northeast Ohio, Geneva is Just 4.5-Miles From Lake Erie With a Population of 20,000 Residents Within 5-Miles and a Median House Hold Income of $43,345
- The Tenant Has Fixed Increases at the Option Periods Allowing For Safe Hedge From Inflation
In Cooperation With ParaSell, Inc., A Licensed Ohio Broker – Lic. #REC.2020005946 BoR: Scott Reid – Lic. OH #BRKP.2020001224
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