Exceptional investment opportunity: a 4,574 square foot, Class A Tide Cleaners storefront in Mason, Ohio, is available for sale. This single-tenant, absolute NNN lease boasts a 15-year term with 5% rent increases every five years and three 5-year renewal options. The property, built in 2010, sits on a 1.27-acre lot and enjoys a 6.25% cap rate with a current NOI of $130,000. Located at 8100 Mason Montgomery Rd (30,000+ vehicles per day), this prime retail location is easily accessible and surrounded by major retailers including Walmart, Kroger, Dick's Sporting Goods, Lowe's, and Life Time, within a one-mile radius. The tenant, a franchisee of the nationally recognized Tide Cleaners brand, is part of a large and successful franchise group with a proven track record. The property benefits from a high-income demographic, with an average household income of $192,000 within a one-mile radius and over 69,321 residents within a three-mile radius, including over 6,100 multifamily units. This sale-leaseback offers a secure, long-term investment with a creditworthy tenant and significant upside potential. The asking price is $2,080,000, representing a price per square foot of $454.74. The property's strong location, established tenant, and favorable lease terms make it an attractive investment for discerning buyers.
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Jeffrey Cicurel
Alex Geanakos
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8100 Mason Montgomery Rd, Mason, Ohio, 45040
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8100 Mason Montgomery Rd
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