1596 N Bridge St - Auto Repair FOR SALE


Chillicothe, OH 45601
$3,350,000 USD
404-383-3244
1596 N Bridge St, Chillicothe, OH for Sale
$3,350,000 USD
Auto Repair - FOR SALE
1/5
null | 5.75% Cap Rate

1596 N Bridge St
Chillicothe, OH 45601


HIGHLIGHTS

  • Features an Absolute Triple Net (NNN) Lease structure with zero management responsibilities. The tenant is responsible for all taxes, insurance Etc.
  • Located in the heart of the North Bridge Street retail corridor, the primary commercial district for the city.
  • The property is surrounded by major national brands, including Walmart, Lowe’s, Sam's Club, and DICK's Sporting Goods, that draw shoppers.
  • The lease is backed by a corporate guarantee from Tire Discounters. As one of the largest independent tire dealers in the country.
  • Positioned as a high-visibility outparcel to Menards, which is the top home improvement anchor in this region.

OVERVIEW

We are pleased to exclusively offer for sale the 7,851 SF Tire Discounters property located at 1596 N Bridge Street in Chillicothe, OH. This investment features an Absolute Triple Net (NNN) Lease structure, offering investors a truly passive ownership opportunity with zero landlord management responsibilities. Under the terms of the lease, the tenant is responsible for all property taxes, insurance, and maintenance, ensuring stable and predictable income for the owner. This asset provides a secure, hands-free investment opportunity backed by a strong tenant, making it an attractive addition to any investment portfolio. In Cooperation With ParaSell, Inc. , A Licensed Ohio Broker - Lic. #REC.2020005946 BoR: Scott Reid - Lic. OH #BRKP.2020001224

FOR SALE DETAILS

PRICE

$3,350,000 USD

PRICE/SF

$427 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tire Discounters - Chillicothe, OH

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Service Station, Storefront

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

Carson AdlerSands Investment Group Atlanta, LLCMore Info
404-383-3244

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Carson AdlerSands Investment Group Atlanta, LLCMore Info
404-383-3244

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