101 S Defiance St - Convenience Store FOR SALE


West Unity, OH 43570
$1,386,000 USD
317-218-5316
101 S Defiance St, West Unity, OH for Sale
$1,386,000 USD
Convenience Store - FOR SALE
1/3
null | 8.75% Cap Rate

101 S Defiance St
West Unity, OH 43570


HIGHLIGHTS

  • The property operates under a double-net lease with minimal landlord responsibilities
  • The lease features rental increases in each of the four, five-year renewal options
  • West Unity, OH is 1 hour east of Toledo, OH and 1 hour northeast of Fort Wayne, IN
  • 20-year roof warranty in place

OVERVIEW

The Klink Group of Marcus & Millichap is pleased to present for sale the Family Dollar in Wenst Unity, Ohio. The property currently has +/-8 years remaining on a 10-year base term and four, five-year renewal options with rental increases. The property operates under a double-net lease with minimal landlord responsibilities.

FOR SALE DETAILS

PRICE

$1,386,000 USD

PRICE/SF

$132 USD /SF

CAP RATE

8.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.35 AC

LAND SF

58,806 SF

ZONING

-

APN/PARCEL ID

074-080-05-006.001

ASK ABOUT THIS PROPERTY

Jordan KlinkMarcus & MillichapMore Info
317-218-5316

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Jordan KlinkMarcus & MillichapMore Info
317-218-5316

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