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Midas 785 N Bridge St 3,096 SF Retail Building Chillicothe, OH 45601 $1,930,339 ($623.49/SF) 5.50% Cap Rate
Investment Highlights
- Excellent Corporate Guarantee from Leading Tire Retailer
- Strong Retail Corridor with Robust Traffic Counts
- Central Location with Strong Highway Connectivity
- Robust Unit - Level Performance
- Investment Momentum in the Chillicothe Submarket
- Major Manufacturing Employer
Executive Summary
Surmount is pleased to present the exclusive listing for a Midas located at 785 North Bridge Street, Chillicothe, OH 45601. The site consists of roughly 3,096 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 $106,169 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
3,096 SF
Building Class
C
Year Built
1985
Price
$1,930,339
Price Per SF
$623.49
Cap Rate
5.50%
NOI
$106,169
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.56 AC
Opportunity Zone
Yes
Zoning
Corridor Commercial - General commercial use, highway
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 30-54-59-026.000 | Improvements Assessment | $60,390 |
| Land Assessment | $51,600 | Total Assessment | $111,990 |
Property Taxes
Parcel Number
30-54-59-026.000
Land Assessment
$51,600
Improvements Assessment
$60,390
Total Assessment
$111,990
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