2473 Memorial Dr - Retail FOR SALE


Lancaster, OH 43130
$1,666,667 USD
203-253-9455
2473 Memorial Dr, Lancaster, OH for Sale
$1,666,667 USD
Retail - FOR SALE
1/3
null | 6% Cap Rate

2473 Memorial Dr
Lancaster, OH 43130


HIGHLIGHTS

  • Excellent Corporate Guarantee from Driven Brand
  • Strong Industry Growth
  • Recession-Resistance Service
  • Growing Vehicle Base & Longer Ownership
  • High-Traffic Retail Corridor Along N Memorial Drive
  • Proximity to River Valley Mall and National Retail

OVERVIEW

Surmount is pleased to present the exclusive listing for a Take 5 Oil Change located at 2473 North Memorial Drive, Lancaster, OH 43130. The site consists of roughly 1,683 rentable square feet of building space on an estimated .45-acre parcel of land. Take 5 Oil Change is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $100,000 and has scheduled increases of 1.50% Annually.

FOR SALE DETAILS

PRICE

$1,666,667 USD

PRICE/SF

$990 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

-

APN/PARCEL ID

01-40099-810

ASK ABOUT THIS PROPERTY

Edward OtockaSurmountMore Info
203-253-9455

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Edward OtockaSurmountMore Info
203-253-9455

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