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9035 National Road SW

Etna, OH 43062
  • $2,395,000
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 223001710
UPDATED: 233 min ago
$2,395,000
  • 0
    BEDS
  • 1.62
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,100
    SQFT
  • $263
    $/SQFT
Type:
Commercial
Built:
2021
County:
Area:

School Ratings & Info

Description

Great investment opportunity with 13.5 years left on lease with fantastic tenant: Dollar General. Lease is NNN with absolutely no landlord responsibility. Rent is $93,000 / year. Everything is new. Average income around is $115,000 / year. Area is developing. CAP rate is 4%. Lease contains four (5 year) options to renew with rent increases. Licking County is growing and this site is close to Intel. Experience the growth as more neighbors come in! Property is highly visible and positioned close to the traffic light. This is great for a passive investor and a perfect 1031 buy for anyone. There are about 9,000 car that pass each day and the lot is always filled with customers going in and out. Get all your groceries and supplies here!

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© 2023 Columbus Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or LifePoint Real Estate. Data last updated: 2023-02-06T23:51:28.89.
www.lpohio.com/homes/136335793
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9035 National Road SW Etna, OH 43062

  • Price: $2,395,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 233 min ago
  • MLS #: 223001710
0
Beds
0
Baths
0
½ Baths
1.62
Acres
9,100
SQFT
$263
$/SQFT
2021
Built
County:
Licking
Area:
Etna
Property Description
Great investment opportunity with 13.5 years left on lease with fantastic tenant: Dollar General. Lease is NNN with absolutely no landlord responsibility. Rent is $93,000 / year. Everything is new. Average income around is $115,000 / year. Area is developing. CAP rate is 4%. Lease contains four (5 year) options to renew with rent increases. Licking County is growing and this site is close to Intel. Experience the growth as more neighbors come in! Property is highly visible and positioned close to the traffic light. This is great for a passive investor and a perfect 1031 buy for anyone. There are about 9,000 car that pass each day and the lot is always filled with customers going in and out. Get all your groceries and supplies here!
Exterior Features

Docks 0.00 Drive In Doors 0.00 Total Parking 14.00

Interior Features

Bldg Sq Ft 9100.00 Floors Above Ground 1.00 Max Cont Sqft Avail 9100.00 Minimum Sq Ft Available 9100.00

Property Features

Auction No Between Street1 Smoke Between Street2 Watkins Commercial Sub Type Other Com Corp Limit Per Auditor None For Exchange Yes For Lease No For Sale Yes Occupancy Rate 100 Possession Closing Tax District 010 Tax Year 2021 Taxes Yearly 11185.00 Township Etna Year Built Status Existing Year Remodeled 2021

Listing provided courtesy of Andrew Balalovski of Balalovski Real Estate, Llc: (614) 257-8123.


© 2023 Columbus Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or LifePoint Real Estate. Data last updated: 2023-02-06T23:51:28.89.
 
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LifePoint Real Estate
168 South State St.
Westerville OH, 43081