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Midas 525 S Main St 5,100 SF Retail Building Englewood, OH 45322 $2,828,837 ($554.67/SF) 5.75% Cap Rate
Investment Highlights
- Excellent Corporate Guarantee from Leading Tire Retailer
- Strong Retail Corridor with Robust Traffic Counts
- Nearby Healthcare - Driven Stability
- Robust Unit - Level Performance
- Affluent Demographics, Anchored by a Major Regional Employer
- Significant Corporate Expansions
Executive Summary
Surmount is pleased to present the exclusive listing for a Midas located at 525 South Main Street, Englewood, OH 45322. The site consists of roughly 5,100 rentable square feet of building space. Midas is subject to a 20-year Triple Net (NNN) lease which commenced on September 1, 2026. The annual rent is $162,658 and has scheduled increases of 1.50% Annually Starting Year 7.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,100 SF
Building Class
C
Year Built
1993
Price
$2,828,837
Price Per SF
$554.67
Cap Rate
5.75%
NOI
$162,658
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.69 AC
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | M57-00202-0021 | Improvements Assessment | $89,540 |
| Land Assessment | $79,790 | Total Assessment | $169,330 |
Property Taxes
Parcel Number
M57-00202-0021
Land Assessment
$79,790
Improvements Assessment
$89,540
Total Assessment
$169,330
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