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12110889

16240 Dresden Avenue, East Liverpool, OH 43920 For Sale

SS
MI MI 6502426558
Exclusive Realty
Listed by Exclusive Realty
$1,128,375
48 days on market
Updated 22 days ago

16240 Dresden Avenue

Details
Property Type Retail
Sub Type Storefront
Square Footage 13,500
Cap Rate 8%
NOI $90,270
Tenancy Single
Brand/Tenant Aarons Furniture
Lease Type Absolute NNN
Lease Term 10
Lease Expiration 09/01/2031
Remaining Term 5
Rent Bumps Yes
Lease Options 2 (5) Year Options
Price per SqFt $86
Year Built 1997
Acreage 1.000
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 12/01/2021
Ground Lease No

Retail | 8.00% CAP | 13,500 SqFt

Marketing description

Exclusive Realty is pleased to present an Absolute NNN leased Aaron’s investment opportunity located in the city of East Liverpool. Situated in Columbiana County along the Ohio River, East Liverpool is a well-established regional market known for its historic industrial base and continued economic redevelopment. The property benefits from strong accessibility via U.S. Route 30 and State Route 11, providing convenient connectivity to surrounding markets such as Youngstown, Steubenville, and the Pittsburgh metropolitan area. The city serves as a retail and service hub for nearby communities in eastern Ohio and western Pennsylvania, with a variety of amenities including shopping centers, restaurants, schools, and healthcare providers such as East Liverpool City Hospital. The area also offers recreational opportunities along the Ohio River and nearby parks, supporting a stable and active local population. The tenant, Aaron’s, is a nationally recognized leader in lease-to-own retail, offering furniture, appliances, electronics, and home goods through flexible payment options. With a large footprint of stores across the United States, Aaron’s serves a broad customer base seeking affordable access to essential household products. The East Liverpool location benefits from strong visibility, steady local traffic, and consistent demand for leaseto-own services in a stable working-class market. This Absolute NNN lease structure provides investors with passive ownership and minimal landlord responsibilities, delivering stable long-term income backed by a well-established national retailer.

Investment highlights

  • Absolute NNN lease providing passive ownership with zero landlord responsibilities
  • Tenant: Aaron's – national leader in lease-to-own retail
  • Located in East Liverpool within Columbiana County
  • Positioned along the Ohio River
  • Strong accessibility via U.S. Route 30 and State Route 11
  • Proximity to Youngstown, Steubenville, and Pittsburgh
  • Nearby amenities including shopping centers, restaurants, schools, and East Liverpool City Hospital
  • Stable regional trade area serving eastern Ohio and western Pennsylvania Strong demand for lease-to-own retail services
  • Exercising Early 5 year extension September 2026
  • Pylon Sign
  • Corporate Guaranteed Lease

Listing Contacts

SS
MI MI 6502426558
Exclusive Realty
Listed by Exclusive Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$90,270.00
$7,522.50/mo

Valuation Metrics

0
DSCR
8%
Cap Rate
8%
ROI

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