For Sale
$3,085,086
103 Co RdSouth Point, OH 45680
High-yield Ohio QSR investment. Strong tenant.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 120
Highlights
- 3,497 SF Bob Evans Restaurant on 1.3-acre lot in South Point, OH.
- 7.00% Cap Rate, $215,956 NOI.
- 20-Year NNN Lease (expires July 31, 2043), Corporate Guarantee, 2% annual rent increases starting May 2027.
- $3,085,086 Asking Price ($882.21/SF).
- 100% Occupancy, Excellent Visibility & Accessibility.
Property Details for 103 Co Rd
- Property type
- Retail properties
- Square Feet
- 3,497 SF
- Year Built
- 1995
- Lot Size (sq. ft)
- 56,628 SF
Location Insight
- City
- South Point
- County
- Lawrence
- State
- Ohio
- Latitude
- 38.4182131
- Longitude
- -82.5100673
103 Co Rd, South Point, Ohio
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield Ohio QSR investment. Strong tenant.
- Where is the retail property located?
- The property is located at 103 Co Rd South Point, OH.
- What is the asking price?
- The asking price for this property is $3,085,086.
- What are key features of this property?
- This property features: 3,497 SF Bob Evans Restaurant on 1.3-acre lot in South Point, OH.; 7.00% Cap Rate, $215,956 NOI.; 20-Year NNN Lease (expires July 31, 2043), Corporate Guarantee, 2% annual rent increases starting May 2027.
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