800 Nilles Rd | Fairfield, OH 45014
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- LoopNet Team
800 Nilles Rd
Fairfield, OH 45014
Strickland Brothers · Retail Property For Sale
Investment Highlights
- New Construction & Long-Term Lease – This high-quality asset was completed in 2022, offering a brand new 15-year lease
- Absolute NNN – This lease is Absolute NNN making the landlords responsibility minimal, allowing for a more passive stream of income
- E-Commerce Proof Industry – Quick lube automotive is an $8 Billion industry which continues to prove its resilience
- Rental Increases – This long-term lease features 10% rental increases every 5 years throughout the initial term and option periods
- Bonus Depreciation* – Asset may qualify for bonus depreciation providing a significant tax advantage
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,960 SF
Building Class
C
Year Built/Renovated
1987/2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Land Acres
0.58 AC
Zoning
Commercial
Parking
10 Spaces (3.38 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | A0700-040-000-094 | Improvements Assessment | $53,890 |
| Land Assessment | $67,280 | Total Assessment | $121,170 |
PROPERTY TAXES
Parcel Number
A0700-040-000-094
Land Assessment
$67,280
Improvements Assessment
$53,890
Total Assessment
$121,170
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