932 Lila Ave - Freestanding FOR SALE


Milford, OH 45150
$3,714,000 USD
214-560-6900
932 Lila Ave, Milford, OH for Sale
$3,714,000 USD
Freestanding - FOR SALE
1/8
null | 8.75% Cap Rate

932 Lila Ave
Milford, OH 45150


HIGHLIGHTS

  • 3+ Years Remaining | Signalized, Hard Corner Intersection | Drive-Thru Equipped | Interstate 275
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Clermont Shopping Center | Rivers Edge At Milford
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

• The Walgreens is currently subleased to Dollar General and has over 3 years of term remaining • The asset is located at the signalized, hard corner intersection of Lila Avenue and Mohawk Trail, providing the site with excellent visibility and ease of access • The site is located less than a mile from the intersection of Interstate 275 and Lila Ave, which combine to average over 86,600 vehicles per day

FOR SALE DETAILS

PRICE

$3,714,000 USD

PRICE/SF

$254 USD /SF

CAP RATE

8.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens (Subleased to Dollar General)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

77

LAND DETAILS

LAND ACRES

1.61 AC

LAND SF

70,132 SF

ZONING

B-3

APN/PARCEL ID

21-07-27.-010P

ASK ABOUT THIS PROPERTY

Michael KaplanSRS Real Estate PartnersMore Info
214-560-6900

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Michael KaplanSRS Real Estate PartnersMore Info
214-560-6900

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