1536 Michigan St | Sidney, OH 45365
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1536 Michigan St
Sidney, OH 45365
O'Reilly Auto Parts | Long-Term Lease · Retail Property For Sale
Executive Summary
LONG-TERM LEASE | +/- 12 YEARS
CORPORATE GUARANTEE FROM INVESTMENT GRADE TENANT | BBB (S&P)
O’REILLY EXPERIENCING RECORD-BREAKING FINANCIAL RESULTS
SURROUNDING NATIONAL RETAIL TENANTS | ACROSS FROM BRAND NEW SPEEDWAY
PRIME VISIBILITY ON MICHIGAN STREET | +/- 17,800 VPD | DIRECT ACCESS TO I-75
NEWLY CONSTRUCTED | MODERN FACADE
RECESSION-RESISTANT BUSINESS MODEL | ESSENTIAL RETAILER
In Association with Jim Gable OH License #: SAL.2013000959
CORPORATE GUARANTEE FROM INVESTMENT GRADE TENANT | BBB (S&P)
O’REILLY EXPERIENCING RECORD-BREAKING FINANCIAL RESULTS
SURROUNDING NATIONAL RETAIL TENANTS | ACROSS FROM BRAND NEW SPEEDWAY
PRIME VISIBILITY ON MICHIGAN STREET | +/- 17,800 VPD | DIRECT ACCESS TO I-75
NEWLY CONSTRUCTED | MODERN FACADE
RECESSION-RESISTANT BUSINESS MODEL | ESSENTIAL RETAILER
In Association with Jim Gable OH License #: SAL.2013000959
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
6,825 SF
Building Class
C
Year Built
2019
Price
$1,840,000
Price Per SF
$270
Cap Rate
6%
NOI
$110,400
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
0.54 AC
PROPERTY TAXES
| Parcel Number | 01-18-26-377-012 | Improvements Assessment | $170,320 |
| Land Assessment | $23,630 | Total Assessment | $193,950 |
PROPERTY TAXES
Parcel Number
01-18-26-377-012
Land Assessment
$23,630
Improvements Assessment
$170,320
Total Assessment
$193,950
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