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Description

Anchor Retail is pleased to exclusively offer for sale a newer construction Family Dollar property in Salineville, Ohio. The asset is secured by an original 10-year corporate lease with approximately 6+ years remaining, expiring on February 28, 2032, and includes renewal options that provide long-term income stability. The property has seen recent capital improvements, including four new HVAC units and a resurfaced parking lot completed in 2022, minimizing near-term capital expenditures. Located in an affordable real estate market with low operating costs, the investment benefits from its position within a growing corridor focused on rural revitalization in eastern Ohio. The surrounding area is supported by a diverse employment base, including major institutions such as Salem Regional Medical Center, East Liverpool City Hospital, Kent State University (Columbiana County campuses in East Liverpool and Salem), Columbiana Boiler Company, MAC Manufacturing, and Walmart. These economic drivers contribute to a stable local workforce and consistent consumer demand, reinforcing the property’s long-term viability as a net-leased retail investment.

Listing Details

  • Cap Rate

    7.3%

  • Tenancy

    Single

  • Space Type

    retail

  • Sub Category

    strip-centers

  • Date Listed

    3/31/2026

  • Net Operating Income

    $84,000

  • Building FAR

    0.18

Property Specifics

  • Property Name

    60 W Main St

  • No of Stories

    1

  • Year Built

    2005

  • Building Size

    10,200 SF

  • Lot Size

    1.27 Ac

  • APN

    7200096000