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545 W Central Ave
Springboro, OH 45066
Papa John's with 2.5% Annual Rent Increases · Retail Property For Sale
PROPERTY FACTS
ABOUT 545 W CENTRAL AVE , SPRINGBORO, OH 45066
Marcus & Millichap is pleased to exclusively present for sale a single-tenant, net-leased Papa John's located at 545 West Central Avenue in a primary retail trade area in Springboro, Ohio. The investment opportunity is subject to a triple-net (NNN) lease which has over four years of term remaining. The lease commenced on October 30, 2006 and the second option was exercised on October 30, 2018. The tenant pays for taxes, insurance, utilities and maintenance. Papa John's restaurants are primarily a delivery service concept and there are 34,679 employees (daytime population) within three miles.
PROPERTY TAXES
| Parcel Number | 04-20-485-021-2 | Improvements Assessment | $66,870 |
| Land Assessment | $98,530 | Total Assessment | $165,400 |
PROPERTY TAXES
