15 S Main St | Hubbard, OH 44425
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- LoopNet Team
15 S Main St
Hubbard, OH 44425
Walgreens $3.5M 15Yr Abs NNN Rental Increases · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 15 year lease with 5% rental increases every 5 years in the initial term and in the options.
- Recent third-party reports will be provided to buyer.
- Growing Ohio industrial/manufacturing hub with 69 Acre Lee Industrial Park nearby.
- 17+ year operating history.
- Absolute net lease with zero landlord responsibilities.
- 1.8 miles from recently developed Elwood Aluminum $72M manufacturing plant (150,000 SF).
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
14,820 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.57 AC
Zoning
C-3 - General Commercial
Parking
40 Spaces (2.7 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 02-300531 | Improvements Assessment | $510,160 |
| Land Assessment | $184,100 | Total Assessment | $694,260 |
PROPERTY TAXES
Parcel Number
02-300531
Land Assessment
$184,100
Improvements Assessment
$510,160
Total Assessment
$694,260
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