3230 W Elm St | Lima, OH 45805
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3230 W Elm St
Lima, OH 45805
Rite Aid · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Rite Aid (NYSE: RAD) – 9 Lease Years Remaining – Single Tenant Net Leased Asset
- Recent Early Lease Extension – Demonstrating Strength of the Location
- 6, 5 Year Options with Fixed $14,564/Year Rental Increases Each Option (~4% Rental Increases)
- Strong Store Performance – Top 33% in the State; #1 of 5 in the County (CreditIntel)
- 20 Year Roof Warranty In-Place (~8 Years Remaining)
- Passive Long Term Investment – Minimal Landlord Responsibilities - Ease of Management
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,565 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
2.05 AC
Zoning
B-2 - General Business District
Parking
62 Spaces (4.26 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 36-34-07-02-007.000 | Improvements Assessment | $322,490 |
| Land Assessment | $100,070 | Total Assessment | $422,560 |
PROPERTY TAXES
Parcel Number
36-34-07-02-007.000
Land Assessment
$100,070
Improvements Assessment
$322,490
Total Assessment
$422,560
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