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707 Scioto St
Urbana, OH 43078
Taco Bell · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,273 SF
Building Class
C
Year Built/Renovated
1962/2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.65 AC
Zoning
C
Parking
16 Spaces (0 Spaces per 1,000 SF Leased)

About 707 SCIOTO ST , URBANA, OH 43078

Vantis Capital Advisors is pleased to present the Taco Bell in Urbana, Ohio. This suburban community located just 40 miles West of downtown Columbus, One of the fastest growing cities in the country. The city’s population has grown enormously since the year 2000, but the small-town atmosphere remains one of Urbana’s most distinctive features. Many Columbus-area commuters choose to settle here for the quiet atmosphere, and parents love the low crime rate and the selection of excellent public schools. The subject investment opportunity is a Taco Bell triple-net (NNN). The property is located at 707 Scioto Street in Urbana, Ohio and consists of 2,273 square feet of building space and sits on approximately 30,000 square feet of land. This Taco Bell was subject to a brand new, 20-year absolute triple-net (NNN) ground lease that commenced in April of 2017. The base rent has been placed at $39,999 annually and will be subject to five, four-year renewal options with $1,800 annual rent increases at each of the option periods.

Property Taxes

Property Taxes

Parcel Number
K48-25-11-02-28-013-02
Land Assessment
$25,550
Improvements Assessment
$63,040
Total Assessment
$88,590
  • Listing ID: 14664697

  • Date on Market: 12/18/2018

  • Last Updated:

  • Address: 707 Scioto St, Urbana, OH 43078

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