422 S Washington St | New Paris, OH 45347
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- LoopNet Team
422 S Washington St
New Paris, OH 45347
Subway · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 3+ Year Lease | Stable Cash Flow Investment | Minimal Landlord Responsibilities | Three (5-Year) Options To Renew w/ Increase
- Attractive Low Rent / Price Point | Recession/Depression Proof
- Location Benefits from Subway's Latest Fresh Forward Prototype
- 2% Annual Increases In The Options Providing a Strong Hedge Against Inflation
- Minimal Competition in Immediate Market | Dominant QSR in Trade Area
- Lease Backed by Vision Investment Group | An Established 50+ Unit Operator Based in Bluffton, IN
PROPERTY FACTS
Property Type
Retail
Building Size
1,548 SF
Building Class
C
Year Built
1954
Percent Leased
100%
Building Height
1 Story
Building FAR
0.05
Lot Size
0.66 AC
Parking
20 Spaces (12.92 Spaces per 1,000 SF Leased)
Frontage
190’ on South Washington Street
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $33,150 | |
| Land Assessment | $26,300 | Total Assessment | $59,450 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$26,300
Improvements Assessment
$33,150
Total Assessment
$59,450
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