10 Merritt St - Bank FOR SALE


Lucasville, OH 45648
$750,000 USD
740-357-5291
10 Merritt St, Lucasville, OH for Sale
$750,000 USD
Bank - FOR SALE
1/11
null | Request Cap Rate

10 Merritt St
Lucasville, OH 45648


HIGHLIGHTS

  • This property is THE prime piece of real estate in Lucasville!

OVERVIEW

- 1,890 SF retail building (formerly US Bank) situated on approximately 1.74 acres - This property has approximately 512' of frontage on US 23 and 80' of frontage on State Route 348. It is caddy corner from State Route 728. It is 1/2 mile south of State Route 823. - This property is situated in the best location on the best corner in Lucasville, which is a hotbed for business owners. * Giovanni's is the third highest-grossing store in a regional franchise that has about 100 locations * Wendy's has a top-performing location approximately 1/4 mile away * Biggby Coffee is in the top 20 highest-grossing stores in a large franchise of approximately 500 stores * Crabtree's Carpet & Flooring is a large performer in the flooring space - All utilities already on-site - The owners are open to the idea of razing the existing building, should a redevelopment project be in the cards. - This property is available for lease at an asking rate of $21–$25 per square foot on a five-year term with renewal options.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$397 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

U.S. Bank

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

1.74 AC

LAND SF

75,794 SF

ZONING

-

APN/PARCEL ID

24-1758.000

ASK ABOUT THIS PROPERTY

Todd CrabtreeAll Pro ServicesMore Info
740-357-5291

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Todd CrabtreeAll Pro ServicesMore Info
740-357-5291

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.