1992 Main St, Ashland, OH 44805

1,803 SF | Retail Building | Ashland, OH 44805 | $1,680,000 ($932/SF) | 6.25% Cap Rate

Date Added:
September 16, 2024
Days on Market:
7 days

Asking Price $1,680,000

Property Type
Retail
Square Feet
1,803 SF
Price / Square Foot
$932

Listing Contacts

Glen Kunofsky
Glen Kunofsky
Verified Profile
Edward Otocka
Edward Otocka
Verified Profile
Amelia Haydock
Amelia Haydock
Verified Profile
Francis Purritano
Francis Purritano
Verified Profile
Gordon Pollock
Gordon Pollock
Verified Profile
  • Property Info

Property Overview

NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change
located at 1992 E Main St, Ashland, OH 44805. The site consists of roughly
1,803 rentable square feet of building space on an estimated 1.15-acre parcel
of land. This Take 5 Oil Change is subject to a 20 Years-year Triple Net
(NNN) lease which will commence upon close of escrow. The annual rent
will be $105,000 and has scheduled increases of 1.50% Annually.

Property Details

Class
C
Year Built
2024
Stories
1
Lot Size (sq. ft)
50,094 SF

Highlights

  • At Closing the Tenant will Execute A Brand New 20-Year Absolute Triple- Net Lease. The Lease will Have No Landlord Responsibilities
  • The Lease Features One and a Half Percent (1.50%) Annual Rental Increases and Four (4), Five (5) Year Renewal Options
  • Subject Property is an Outparcel to a Walmart Supercenter

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