1596 N Bridge St - Auto Repair FOR SALE


Chillicothe, OH 45601
$3,432,000 USD
614-360-9036
1596 N Bridge St, Chillicothe, OH for Sale
$3,432,000 USD
Auto Repair - FOR SALE
1/6
null | 5.75% Cap Rate

1596 N Bridge St
Chillicothe, OH 45601


HIGHLIGHTS

  • 2016 Build to Suit for Tire Discounters | Offering Tire Service and Repairs in Addition to Brakes, Oil Changes and Vehicle Maintenance
  • 7,851-SF Building on a +/-1.25 Acre Parcel | Store Includes 8 Service Bays With a Retail Showroom and Separate Waiting Area
  • Original 20-Year Absolute Net Lease With 11+ Years Remaining and No Landlord Responsibilities
  • 4.25% Rental Increases Every 5 Years and in Each of 4, 5 Year Renewal Options | Corporately Guaranteed Lease
  • Outparcel to Menards Home Improvement Store in a Dense Retail Corridor Just off of US-23 and US-35
  • Easy Access From All Traffic Directions With Dedicated Turn Lane and Two Points of Ingress and Egress

OVERVIEW

2016 BUILD TO SUIT | +/-1.25-AC LOT | OUTPARCEL LOCATION

FOR SALE DETAILS

PRICE

$3,432,000 USD

PRICE/SF

$437 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

TIRE DISCOUNTERS | 11+ Yrs. | Abs. Net

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.25 AC

LAND SF

54,450 SF

ZONING

-

APN/PARCEL ID

32-54-60-025.000

ASK ABOUT THIS PROPERTY

Dan YozwiakMarcus & MillichapMore Info
614-360-9036

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Dan YozwiakMarcus & MillichapMore Info
614-360-9036

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