848 S High St 3,720 SF Retail Building Hillsboro, OH 45133 $590,000 ($158.60/SF) 10.93% Cap Rate

This offering has been occupied by the same national entity for 21 years and is currently under a 5 year lease agreement with 45 months remaining as of this post. Tenant is obviously solid with continual national growth. This has been a great income generating property, and the only reason for the sale is a greater need for funds. Price is fair and firm. Contract is triple net. Owner is responsible for upkeep of existing doors, windows, roof, and HVAC, Ice and snow control. Occupant pays all other expense's including property tax and insurance. Owner keeps basic property insurance for structure only. All owner obligations are in good order and rarely need addressed. A 45,000.00 upgrade to the interior was done and completed this year involving paint, flooring, and storage to office upgrade. Drain grate was also installed for rear water infiltration due to new build on adjacent road above property. new service door was recently involved at occupants expense.