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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

Bob Evans Restaurants
Skyline Chili
Woodforest National Bank
Rent-A-Center
Wings Etc.
Hot Head Burritos
Kroger
Fifth Third Bank
YMCA
Frisch's Big Boy

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
M40-0006-1-1-50-000-5000
Land Assessment
$46,970
Improvements Assessment
$38,190
Total Assessment
$85,160
  • Listing ID: 34241030

  • Date on Market: 12/19/2024

  • Last Updated:

  • Address: 1712 N Barron St, Eaton, OH 45320

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