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CheckSmart 906 National Rd

2,816 SF Retail Building Bridgeport, OH 43912 $700,000 ($249/SF) 7.90% Cap Rate

Investment Highlights

  • New Checksmart Renewal Executed May 2024 | Five Year Lease Extension with Increases
  • Two Additional Sources of Income on Property | Billboard Lease and Mineral Rights Lease
  • 4,620 Square Foot building situated on 0.52 Acres of Land
  • Double Net Lease | 2, 5-year options with 3.0% Annual Increases in Each
  • 9 minutes to Bellaire Heliport

Executive Summary

New Checksmart Renewal Executed May 2024 | Five Year Lease Extension with Increases
Double Net Lease | 2, 5-year options with 3.0%Annual Increases in Each
Two Additional Sources of Income on Property |Billboard Lease and Mineral Rights Lease
9 minutes to Bellaire Heliport
4,620 Square Foot building situated on 0.52 Acres of Land

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,816 SF
Building Class
C
Year Built
1965
Price
$700,000
Price Per SF
$249
Cap Rate
7.90%
NOI
$55,300
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Land Acres
0.52 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
23-00378-000
Land Assessment
$43,540
Improvements Assessment
$33,470
Total Assessment
$77,010
  • Listing ID: 34006401

  • Date on Market: 11/26/2024

  • Last Updated:

  • Address: 906 National Rd, Bridgeport, OH 43912

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