709-719 Hebron Rd | Heath, OH 43056
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- LoopNet Team
709-719 Hebron Rd
Heath, OH 43056
2- Tenant,Long-Term NNN | 7% CAP | High Sales · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Two-Tenant Outlot on Main Retail Corridor: National Tenants Five Guys, Great Clips along with High-Traffic Generating Shadows Best Buy & Hobby Lobby
- Corporately Backed Five Guys (1500+ Locations & Approaching $2 Billion Annual Revenue) & Established Great Clips Franchisee: 20+ Locations & Guarantee
- Minimal Daily Management Responsibilities: Owner of Best Buy & Hobby Lobby Portion Maintains Common Area and Insurance
- 100% Occupied: “Internet Resistant” Tenants: Priced at Attractive 7% CAP, NNN Lease Structures & Additional Upside from Upcoming (2022) Rent Increases
- Recently Executed Early Extension: Five Guys 10 Yrs of Term Remaining, Demonstrating Success & Commitment to Location & 7+ Years of Term Great Clips
- Great Clips 2017 Expansion Resulting in High, Upward Trending Sales | Strong Tenant Health Ratios | Strong Demos: $70k Avg. HH in 5 Mile Radius
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
4,040 SF
Building Class
B
Year Built
2002
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
0.67 AC
Zoning
Local Retail
Frontage
AMENITIES
- Bus Line
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 030-098088-00.000 | Improvements Assessment | $161,110 |
| Land Assessment | $211,050 | Total Assessment | $372,160 |
PROPERTY TAXES
Parcel Number
030-098088-00.000
Land Assessment
$211,050
Improvements Assessment
$161,110
Total Assessment
$372,160
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