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4 E State St 4,250 SF 100% Leased Retail Building Trenton, OH 45067 $595,000 ($140/SF) 9.80% Cap Rate
INVESTMENT HIGHLIGHTS
- HIGHLY VISIBLE SIGNALIZED CORNER LOCATION.
- WELL-MAINTAINED BUILDING.
- EXCELLENT FRONTAGE AND ACCESS.
- OVER 297,000 RESIDENTS WITHIN A 10-MILE RADIUS.
EXECUTIVE SUMMARY
Fully leased retail strip for sale. Long-term Chinese restaurant tenant. New lease with Indian restaurant tenant.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,250 SF
Building Class
B
Year Built
1900
Price
$595,000
Price Per SF
$140
Cap Rate
9.80%
NOI
$58,310
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.56 AC
Parking
15 Spaces (3.52 Spaces per 1,000 SF Leased)
Frontage
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | R8000-006-000-127 | Improvements Assessment | $0 |
| Land Assessment | $10,440 | Total Assessment | $10,440 |
PROPERTY TAXES
Parcel Number
R8000-006-000-127
Land Assessment
$10,440
Improvements Assessment
$0
Total Assessment
$10,440
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4 E State St
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