234 Pike St - Freestanding FOR SALE


Marietta, OH 45750
$499,000 USD
949-698-1105
234 Pike St, Marietta, OH for Sale
$499,000 USD
Freestanding - FOR SALE
1/5
null | 9.02% Cap Rate

234 Pike St
Marietta, OH 45750


HIGHLIGHTS

  • Approximately 3.5 Years Remaining | Options To Extend | Low Rent
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Corner Intersection (31,000 VPD) | Excellent Visibility | Historic Downtown Marietta | Lafayette Center (139,000 SF)
  • Strong Demographics in 5-Mile Trade Area

OVERVIEW

• CheckSmart corporate guaranteed lease • 3.5 years remaining with 4 (5-year) option periods to extend • The tenant is enjoying low rent of only $3,750/mo for a prime corner intersection piece of real estate • CheckSmart has operated at this location for over a decade

FOR SALE DETAILS

PRICE

$499,000 USD

PRICE/SF

$384 USD /SF

CAP RATE

9.02%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CheckSmart

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,750 SF

ZONING

C3

APN/PARCEL ID

2400-23224-000,2400-23228-000

ASK ABOUT THIS PROPERTY

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949-698-1105

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Winston GuestSRS National Net LeaseMore Info
949-698-1105

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