Investment Sale
- Dollar Tree & Hibbett Sports
- 2890-2892 East 116th St
Cleveland, OH 44120
Property Type:
investment
Market:
Greater Cleveland
Available Space:
16,800 sq ft
Acreage:
0.93 acres
Price:
2,251,200
Contact:
Downloads:
Property Highlights
- Price: $2,251,200
- Cap Rate: 8.0%
- NOI: $180,096
- Rent: Dollar Tree – $10.58 psf ($118,496/yr)
- Rent: Hibbett – $11.00 psf ($61,600/yr)
- Building Size: 16,800 SF
- 11,200 SF for Dollar Tree
- 5,600 SF for Hibbett Sports (coming soon)
- Acreage: 0.93 acres
- Lease: NNN
- Rent Terms: Original 10-yr term (DT expires 10/31/24)
- 3 5-yr options for DT
- 2, 5-yr options for Hibbett