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Verizon 1712 N Barron St 2,000 SF Retail Building Eaton, OH 45320 $1,175,000 ($587.50/SF) 7.47% Cap Rate
Investment Highlights
- 2021 Build-To-Suit- Relocation Site of a Long-Standing Successful Store (Tenant Has Operated in This Market For 17+ Years)
- Double Net Lease With Minimal Landlord Responsibilities | Roof Warranty Cover Through 2034
- Traffic Counts Boast 14,711 VPD+ Along N Barron St
- 2,000 SF Walmart Supercenter Outparcel Situated on Half an Acre
- Lease Guaranteed by Second Largest Verizon Retailer With $2+ Billion In Annual Revenue I Strong Operator (TCC - Verizon Authorized Retailer)
- Verizon Wireless is Currently Ranked 27th on Fortune 500 Rankings, Revenues Surpassing $136.8B
Executive Summary
2021 Build-To-Suit- Relocation Site of a Long-Standing Successful Store (Tenant Has Operated in This Market For 17+ Years)
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,000 SF
Building Class
C
Year Built
2021
Price
$1,175,000
Price Per SF
$587.50
Cap Rate
7.47%
NOI
$87,780
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.47 AC
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | M40-0006-1-1-50-000-5000 | Improvements Assessment | $38,190 |
| Land Assessment | $46,970 | Total Assessment | $85,160 |
Property Taxes
Parcel Number
M40-0006-1-1-50-000-5000
Land Assessment
$46,970
Improvements Assessment
$38,190
Total Assessment
$85,160
Contacts
-
Deno Bistolarides -
Nick Yaldo -
Brent Hanna -
Encore Real Estate Investment Services
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