305 W Main St | Ottawa, OH 45875
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- LoopNet Team
305 W Main St
Ottawa, OH 45875
Rite Aid · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 15 Year Term Starting December, 2021
- Very Attractive 5% Rental Escalations Every 5 Years During InitialTerm and Inclusive in Option Periods Providing Investor with Hedge Against Inflation
- Only National Drugstore in the Immediate Area - Nearest CVS is Located in 17 Miles Away and the Nearest Walgreens is Located 21.7 Miles Away
- Absolute NNN Lease Structure | Zero Landlord Obligations
- Low Rent - $12.00 PSF
- Signalized Corner Location with 3 Points of Ingress/Egress
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,325 SF
Building Class
C
Year Built
1997
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
1.00 AC
Zoning
B-2 - Designed to support moderate-intensity commercial uses that serve the daily needs of nearby residential neighborhoods.
Parking
46 Spaces (4.06 Spaces per 1,000 SF Leased)
Frontage
285’ on Main St
AMENITIES
- Pylon Sign
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $758,920 | |
| Land Assessment | $32,970 | Total Assessment | $791,890 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$32,970
Improvements Assessment
$758,920
Total Assessment
$791,890
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