Marcus & Millichap closed the sale of Family Dollar, a 9,180-square-foot net-leased property in Walhonding, Ohio.
Alex Van Krevel, Chris Lind and Mark Ruble, investment specialists in Marcus & Millichap’s Columbus and Phoenix offices, had the exclusive listing to market the property on behalf of the seller, a limited liability company.
The buyer, a limited liability company, was secured and represented by Van Krevel, Lind and Ruble. The project was financed by James Litzler of Marcus & Millichap Capital Corporation in the Columbus office.
Family Dollar is located at 31999 US-36 in Walhonding, Ohio. At the time of the sale, Family Dollar had a 10-year lease with a corporate guaranty with rental increases in each five-year option period. There is little competition as the subject property is the only discount/dollar store located within a 10-mile radius.
