945 Coshocton Ave - Freestanding FOR SALE


Mount Vernon, OH 43050
$1,495,000 USD
216-264-2000
945 Coshocton Ave, Mount Vernon, OH for Sale
$1,495,000 USD
Freestanding - FOR SALE
1/2
null | 7% Cap Rate

945 Coshocton Ave
Mount Vernon, OH 43050


HIGHLIGHTS

  • Single Tenant 7,000 Square Foot Advance Auto Parts in Mt Vernon, OH
  • Long-Term NNN Lease With Tenant Responsible For All Maintenance, Repairs, Taxes, Insurance, And Utilities
  • Recent 10 Year Renewal Ending in December 2035 With Two 5-Year Renewal Options
  • Strong Rent To Sales of 6.4%
  • Extremely Strong Retail Corridor - 1.1 Million SF of Retail with 99.5% Occupancy Along 1.3-Mile Stretch of Route 36/Coshocton Ave
  • Located Along Route 36/Coshocton Avenue – 22,470 Vehicles Per Day

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$214 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Advance Auto Parts NNN | Recent 10 Year Ext

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Repair, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

50,965 SF

ZONING

-

APN/PARCEL ID

66-05853.001

ASK ABOUT THIS PROPERTY

Scott WilesMarcus & MillichapMore Info
216-264-2000

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Scott WilesMarcus & MillichapMore Info
216-264-2000

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