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8378 Washington Street
Bainbridge, OH 44023
Citizens Bank - 10 Yr Abs NNN - Relocation · Retail Property For Sale

Investment Highlights

  • New 10-Year Absolute Triple-Net (NNN) Lease with Citizens Bank, N.A. (S&P A-)
  • Relocation Branch from Two Locations Being Closed with Combined Deposits of Over $150,000,000
  • Affluent Trade Area - Average Household Income Exceeds $194,000 within One Mile
  • New High-Quality 2022 Construction
  • 10 Percent Rental Increases Every Five Years
  • 35,709 Residents within a Five-Mile Radius - Cleveland MSA

Property Facts

Property Type
Retail
Property Subtype
Bank
Building Size
2,400 SF
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.38 AC
Zoning
CB - Convenience Business
Parking
13 Spaces (5.42 Spaces per 1,000 SF Leased)
Frontage
165’ on East Washington Street

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 02-292860
  • 02-111880
Land Assessment
$430,520
Improvements Assessment
$1,239,500
Total Assessment
$1,670,020
  • Listing ID: 26565049

  • Date on Market: 9/6/2022

  • Last Updated:

  • Address: 8378 Washington Street, Bainbridge, OH 44023

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