12915 Buckeye RdCleveland, OH 44120

This exceptional investment opportunity presents a single-tenant, net-leased Family Dollar store in Cleveland, Ohio. The property, built in 2013 and renovated the same year, boasts 8,320 square feet on a 0.8-acre lot. Situated at the hard corner of Buckeye Rd and E 130th St, it benefits from high visibility and multiple access points. The property features a NN+ lease with approximately 4.6 years remaining, plus six 5-year renewal options, ensuring long-term stability. Rent increases of 10% every five years are included in the lease options. The tenant, Family Dollar, is credit-rated, providing a secure investment. The property's strong location within a densely populated area, just 15 minutes from downtown Cleveland, contributes to its high occupancy rate of 100%. The current Net Operating Income (NOI) stands at $117,274, yielding an attractive 8.25% cap rate. The asking price is $1,420,000. This offering presents a compelling opportunity to acquire a well-located, stabilized retail asset below replacement cost. The property's strong demographics and long-term lease make it an ideal addition to any investment portfolio. The property's APN is 129-17-108.