For Sale
$1,757,000
6238 Far Hills Ave Centerville, OH 45459
High-return NNN ground lease, Dayton MSA.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 126
Highlights
- Brand new 15-year NNN ground lease with four, five-year renewal options, each with a 10% rent increase.
- Zero landlord responsibilities; tenant (Valvoline) responsible for taxes, insurance, and maintenance.
- Corporate guaranteed lease by Valvoline Inc. (NYSE: VVV), a leading automotive service provider.
- Excellent location on Far Hills Ave., a primary north-south corridor in Dayton, OH, near I-675.
- Situated in Centerville, OH, a top-ranked suburb with strong demographics.
- Lease includes 10% rent increases every five years.
Property Details for 6238 Far Hills Ave
- Property type
- Retail properties, Auto shops
- Square Feet
- 1,664 SF
- Year Built
- 2024
- Buildings
- 1
- Lot Size (sq. ft)
- 30,797 SF
- Units
- 1
Location Insight
- City
- Centerville
- County
- Montgomery
- State
- Ohio
- Latitude
- 39.654778238956
- Longitude
- -84.156924965279
6238 Far Hills Ave, Centerville, Ohio
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FAQs
- What type of property is this?
- Retail property - High-return NNN ground lease, Dayton MSA.
- Where is the retail property located?
- The property is located at 6238 Far Hills Ave Centerville, OH.
- What is the asking price?
- The asking price for this property is $1,757,000.
- What are key features of this property?
- This property features: Brand new 15-year NNN ground lease with four, five-year renewal options, each with a 10% rent increase.; Zero landlord responsibilities; tenant (Valvoline) responsible for taxes, insurance, and maintenance.; Corporate guaranteed lease by Valvoline Inc. (NYSE: VVV), a leading automotive service provider.
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