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121 S Heincke Rd

2,442 SF Retail Building Miamisburg, OH 45342 $2,306,232 ($944/SF) 5.50% Cap Rate

Retail Buildings Ohio Miamisburg 121 S Heincke Rd, Miamisburg, OH 45342

Investment Highlights

  • Property being offered on a 20 year Sale Lease Back, with lease starting on the date of sale.
  • Approximately 500' ft down the road from a brand new Kroger Marketplace and Kroger Fuel Center, recently completed construction in 2023.
  • lease will be executed with AES Restaurants Of Ohio, LLC, which plays a pivotal role within the AES Restaurant Group Family. AES Restaurants of Ohio.
  • NNN Lease With No Landlord Responsibilities.

Executive Summary

Matt Wallace
License No. REC.2022007141 (OH)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
950 Main Ave.,
Suite 510, Cleveland, OH 44113

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,442 SF
Building Class
B
Year Built
1970
Price
$2,306,232
Price Per SF
$944
Cap Rate
5.50%
NOI
$126,843
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.09 AC
Zoning
GB-1 - General Business
Parking
32 Spaces (13.1 Spaces per 1,000 SF Leased)
Frontage
69 FT on S Heincke Rd

Links

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Nearby Major Retailers

Chase Bank
Workout Anytime
Starbucks
Kroger
U.S. Bank

PROPERTY TAXES

Parcel Number K46-00514-0046 Improvements Assessment $391,310
Land Assessment $99,210 Total Assessment $490,520

PROPERTY TAXES

Parcel Number
K46-00514-0046
Land Assessment
$99,210
Improvements Assessment
$391,310
Total Assessment
$490,520
(216) 503-3610

Contacts

  • Listing ID: 33463694

  • Date on Market: 10/9/2024

  • Last Updated:

  • Address: 121 S Heincke Rd, Miamisburg, OH 45342

More public record information on 121 S Heincke Rd, Miamisburg, OH 45342

The Retail Property at 121 S Heincke Rd, Miamisburg, OH 45342 is currently available for sale. Contact Matthews Real Estate Investment Services for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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121 S Heincke Rd
(216) 503-3610 x

121 S Heincke Rd

1/2

Jonah Yulish

(216) 503-3610

(216) 503-3610

Charlie Wood

(216) 777-2153

(216) 777-2153

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