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12616 Chillicothe Rd 9,002 SF Retail Building Chesterland, OH 44026 $1,871,602 CAD ($207.91 CAD/SF) 7.50% Cap Rate
Investment Highlights
- NNN lease with corporate guaranty and 5+ years of term remaining
- Located adjacent to West Geauga Plaza in the heart of Chesterland's commercial district
- 9,002 SF freestanding building on 3.55 AC parcel
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,002 SF
Building Class
B
Year Built
2016
Price
$1,871,602 CAD
Price Per SF
$207.91 CAD
Cap Rate
7.50%
NOI
$140,367 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
3.55 AC
Parking
35 Spaces (3.88 Spaces per 1,000 SF Leased)
Frontage
281’ on Chillicothe Rd
Amenities
- Pylon Sign
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 11-338000 | Improvements Assessment | $316,187 CAD |
| Land Assessment | $136,732 CAD | Total Assessment | $452,920 CAD |
Property Taxes
Parcel Number
11-338000
Land Assessment
$136,732 CAD
Improvements Assessment
$316,187 CAD
Total Assessment
$452,920 CAD
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12616 Chillicothe Rd
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