1381 Bellefontaine St Wapakoneta, OH 45895
High-yield NNN lease, strong tenant.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 136
Highlights
- 12-year Starbucks lease with 7.5% rent increases at year 8 and each option period. New 2024 construction with drive-thru.
- High-traffic retail corridor with over 12,000 vehicles daily. Excellent visibility and I-75 access (37,000+ VPD).
- Investment-grade tenant (S&P BBB+), Fortune 500 company (#125) with over $35.97 billion in annual revenue.
- Located on Bellefontaine St, a major thoroughfare in Wapakoneta.
- Excellent co-tenancy with Walmart Supercenter and Lowe's, plus other national retailers and restaurants.
- Near Wapakoneta's industrial hub, offering access to a large workforce.
Property Details for 1381 Bellefontaine St
- Property type
- Retail properties, Restaurants
- Square Feet
- 2,300 SF
- Class
- A
- Year Built
- 2024
- Lot Size (sq. ft)
- 31,363 SF
Location Insight
- City
- Wapakoneta
- County
- Auglaize
- State
- Ohio
- Latitude
- 40.5629071
- Longitude
- -84.1746662
Nearby Comparable
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield NNN lease, strong tenant.
- Where is the retail property located?
- The property is located at 1381 Bellefontaine St Wapakoneta, OH.
- What is the asking price?
- The asking price for this property is $2,744,186.
- What are key features of this property?
- This property features: 12-year Starbucks lease with 7.5% rent increases at year 8 and each option period. New 2024 construction with drive-thru.; High-traffic retail corridor with over 12,000 vehicles daily. Excellent visibility and I-75 access (37,000+ VPD).; Investment-grade tenant (S&P BBB+), Fortune 500 company (#125) with over $35.97 billion in annual revenue.
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