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1400 N High St
Hillsboro, OH 45133
CVS · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Situated on N High St, one of the main throughfares in Hillsboro, with a traffic count of 15,000 VPD.
- The lease is guaranteed by CVS Health Corp., rated BBB by Standard and Poor’s.
- Tenant extended the lease early illustrating a strong commitment the location.
- Located nearby to other national tenants such as Walmart Supercenter, Kroger, Lowe’s Home Improvement, Rural King, Tractor Supply Co., and more.
- The tenant reports extremely high sales at this location.
EXECUTIVE SUMMARY
Minimal Landlord Responsibilities: NN lease structure as the landlord is only responsible for roof and structure.
Long-Term Lease: 12 years of remaining term.
Long-Term Lease: 12 years of remaining term.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,125 SF
Building Class
B
Year Built
2000
Price
$2,500,000
Price Per SF
$246.91
Cap Rate
6.80%
NOI
$170,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.49 AC
Zoning
C1
Parking
72 Spaces (7.11 Spaces per 1,000 SF Leased)
Frontage
174’ on N High St
PROPERTY TAXES
| Parcel Number | 25-09-001-001.04 | Improvements Assessment | $451,750 |
| Land Assessment | $190,190 | Total Assessment | $641,940 |
PROPERTY TAXES
Parcel Number
25-09-001-001.04
Land Assessment
$190,190
Improvements Assessment
$451,750
Total Assessment
$641,940
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