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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
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
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