Verizon | 1712 N Barron St
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Verizon 1712 N Barron St
2,000 SF Retail Building Eaton, OH 45320 $1,404,480 ($702/SF) 6.25% Cap Rate
Investment Highlights
- 2021 Build-To-Suit - Relocation Site of a Long-Standing Successful Store (Tenant Has Operated in This Market For 17+ Years)
- Lease Guaranteed From The Second Largest Verizon Retailer With $2+ Billion In Annual Revenue I Strong Operator (TCC - Verizon Authorized Retailer)
- 0.48 Acre Pad To a Walmart Supercenter
- Double Net Lease With Minimal Landlord Responsibilities | Roof Warranty Cover Through 2034
- Traffic Counts Boast 14,711 VPD+ Along N Barron St
- Total Customer Spending Exceeded $22,086,478 In 2022 Within a 5-Mile Radius
Executive Summary
2021 Build-To-Suit - Relocation Site of a Long-Standing Successful Store (Tenant Has Operated in This Market For 17+ Years)
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,000 SF
Building Class
C
Year Built
2021
Price
$1,404,480
Price Per SF
$702
Cap Rate
6.25%
NOI
$87,780
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.47 AC
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | M40-0006-1-1-50-000-5000 | Improvements Assessment | $38,190 |
Land Assessment | $46,970 | Total Assessment | $85,160 |
PROPERTY TAXES
Parcel Number
M40-0006-1-1-50-000-5000
Land Assessment
$46,970
Improvements Assessment
$38,190
Total Assessment
$85,160
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Verizon | 1712 N Barron St
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