234 Pike St - Freestanding FOR SALE


Marietta, OH 45750
$550,000 USD
949-698-1105
234 Pike St, Marietta, OH for Sale
$550,000 USD
Freestanding - FOR SALE
1/5
null | 8.18% Cap Rate

234 Pike St
Marietta, OH 45750


HIGHLIGHTS

  • Approximately 4 Years Remaining | Scheduled Rental Increases
  • NNN Leased | Fee Simple Ownership | Zero Landlord Responsibilities
  • Lafayette Center (139,000 SF) | Interstate 77 (21,300 VPD) |Washington Shopping Center (58,000 SF) | Primary Retail Corridor
  • Strong Demographics in 5-Mile Trade Area

OVERVIEW

• Approximately 4 years remaining with 3 (5-year) option periods to extend • Features 10% rental increases at the beginning of each option period, growing NOI and hedging against inflation

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$423 USD /SF

CAP RATE

8.18%

% 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

Winston GuestSRS National Net LeaseMore Info
949-698-1105

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

Winston GuestSRS National Net LeaseMore Info
949-698-1105

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