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2102 W State St
Alliance, OH 44601
Aaron's - Corporate Guaranted Lease · Retail Property For Sale
PROPERTY FACTS
ABOUT 2102 W STATE ST , ALLIANCE, OH 44601
This Aaron's is being offered with a corporate backed lease that is absolute NNN with no landlord responsibilities. The lease calls for 10% fixed rent increases every 5 years, including the remaining 2-five year lease options. Originally a 15 year sale leaseback transaction back in 2006, the tenant's current of approximately $.60/s.f. is considered "below" market. At price of $1,280,000 the price for the building improvements is less than $107/s.f. Founded in 1955, Aaron's operates more than 1,860 locations in 47 states and Canada. Aaron's Inc. reported approximately $3.2 billion in annual revenue for year 2016. CALL TO RECEIVE A DETAILED MARKETING PACKAGE.
PROPERTY TAXES
| Parcel Number | 07700950 | Improvements Assessment | $245,700 |
| Land Assessment | $80,610 | Total Assessment | $326,310 |
PROPERTY TAXES
