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10534 Harrison Ave
Harrison, OH 45030
CVS · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Zero cashflow - long term lease (17.5) years.
- Includes paydown readvance feature.
- Assumable debt at 3.9% interest rate.
- Absolute net bond lease - no landlord responsibilities.
EXECUTIVE SUMMARY
$534,746 EQUITY REQUIREMENT
29% OVER DEBT
CURRENT DEBT BALANCE: $1,843,951
The property is located at the corner of a signalized intersection adjacent to numerous national credit tenants including Kroger, O’Reilly Auto Parts, McDonalds, Taco Bell, Big Lots, Harbor Freight Auto Zone, Planet Fitness and more.
29% OVER DEBT
CURRENT DEBT BALANCE: $1,843,951
The property is located at the corner of a signalized intersection adjacent to numerous national credit tenants including Kroger, O’Reilly Auto Parts, McDonalds, Taco Bell, Big Lots, Harbor Freight Auto Zone, Planet Fitness and more.
PROPERTY FACTS Under Contract
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
9,497 SF
Building Class
B
Year Built
2016
Price
$2,378,697
Price Per SF
$250.47
Cap Rate
7.13%
NOI
$169,630
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.50 AC
Zoning
B-4 - General Business
Parking
43 Spaces (4.53 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 561-0015-0541 | Improvements Assessment | $441,273 |
| Land Assessment | $244,125 | Total Assessment | $685,398 |
PROPERTY TAXES
Parcel Number
561-0015-0541
Land Assessment
$244,125
Improvements Assessment
$441,273
Total Assessment
$685,398
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