$705,000
$759,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
8,000 SqFt
SOLD DATE : 02/14/2012
Key Details
Sold Price $705,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 8,000 sqft
Price per Sqft $88
MLS Listing ID 211005115
Sold Date 02/14/12
Originating Board Columbus and Central Ohio Regional MLS
Year Built 2000
Lot Size 0.910 Acres
Lot Dimensions 0.91
Property Sub-Type Retail
Property Description
Single Tenant 10-Year Net Lease to Kinetico Water thru 10/31/2020; 8.75% Starting Cap Rate; increases to 9.23% on 11/2012; then to 9.66% on 11/2015 for remaining 5 years; Landlord only responsible for roof, structural walls, parking lot. Corporate Lease. Parent Co is $2.6B corp. Stable solid investment opportunity
Location
State OH
County Fairfield
Area 0.91
Zoning M2
Rooms
Other Rooms None
Dining Room No
Interior
Equipment No
Laundry No Laundry Rooms
Others
Tax ID 0370211926
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