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1244 E Central Ave 3,265 SF Retail Building Miamisburg, OH 45342 $2,667,015 CAD ($816.85 CAD/SF) 6.14% Cap Rate
Investment Highlights
- Triple Net Lease | Passive Investment Opportunity
- Traffic Counts Along E Central Ave Exceed 19,000 VPD+
- Dense Residential Infill Location | 5 Mile Population: 92,000+
- Tenant Remodeled The Entire Building in 2018 Demonstrating Strong Commitment To The Subject Property
- 5 Mile Household Income Exceeds $89,000
- Across The Street From Kroger's Brand-New 124,000/SF Relocation Store
Executive Summary
Triple Net Lease | Passive Investment Opportunity
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,265 SF
Building Class
C
Year Built
2000
Price
$2,667,015 CAD
Price Per SF
$816.85 CAD
Cap Rate
6.14%
NOI
$163,714 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.69 AC
Zoning
GB-1 - General Business
Parking
35 Spaces (8.63 Spaces per 1,000 SF Leased)
Frontage
99’ on E Central Ave
Amenities
- Drive Thru
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | K46-00514-0049 | Improvements Assessment | $336,880 CAD |
| Land Assessment | $100,288 CAD | Total Assessment | $437,169 CAD |
Property Taxes
Parcel Number
K46-00514-0049
Land Assessment
$100,288 CAD
Improvements Assessment
$336,880 CAD
Total Assessment
$437,169 CAD
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1244 E Central Ave
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