3230 W Elm St - Drug Store FOR SALE
Lima, OH 45805 |
3230 W Elm St
Lima, OH 45805
HIGHLIGHTS
- Rite Aid (NYSE: RAD) – 9 Lease Years Remaining – Single Tenant Net Leased Asset
- Strong Store Performance – Top 33% in the State; #1 of 5 in the County (CreditIntel)
- Recent Early Lease Extension – Demonstrating Strength of the Location
- 20 Year Roof Warranty In-Place (~8 Years Remaining)
- 6, 5 Year Options with Fixed $14,564/Year Rental Increases Each Option (~4% Rental Increases)
- Passive Long Term Investment – Minimal Landlord Responsibilities - Ease of Management
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Rite Aid
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
14565
STORIES
1
YEAR BUILT
2008
SPRINKLERS
-
PARKING SPACES
62
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
36-34-07-02-007.000
