Dollar Tree – Cortland

Property Type: | Property Status: Sold

Dollar Tree Cortland

Property Details

Price: $775,000

CAP Rate:

Square Feet:

Tenancy Type: National

Lease Type: NNN

Location Info

Address: 322 S. High Street

City: Cortland

State: OH

Zip: 44410

Property Description

Short Description:
The Cooper Commercial Investment Group is pleased to announce the sale of the single-tenant Dollar Tree location in Cortland, with approximately 4 years of original term remining. The location offers the new owner with minimal daily management responsibilities at the property.

Dan Cooper, President and Broker of the Cooper Commercial Investment Group in Cleveland, Ohio, had the privilege to represent both the seller, a private investment group out of the Midwest and the 1031 buyer. The buyer purchased the property for $775,000, representing a 6.77% CAP Rate, 99% of the list price and went from contract to close in approximately 45 days. Through marketing efforts, the Cooper Group generated multiple competitive offers on the property.