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20 S Main St 12,960 SF 100% Leased Retail Building Rittman, OH 44270 $817,295,980 CAD ($63,062.96 CAD/SF) 7% Cap Rate



Investment Highlights
- Available: 12,960 SF
- True NNN leased investment in Rittman, OH
- Frontage: ±50 | Depth: ±100
- Acres: 0.556 AC
- Success on the Spectrum (SOS) Franchisee ready to commit to a 10-year lease with (2) 5-year options
- Parking: ±20 Spaces
Executive Summary
This is a unique opportunity to acquire a 12,960 SF single-tenant, absolute NNN investment property in Rittman, Ohio, leased to Success on the
Spectrum – Rittman, a growing provider of Applied Behavior Analysis (ABA) therapy for children with autism. The current owner-occupier is prepared to execute a new 10-year lease with two five-year renewal options, offering long-term stability, and is willing to provide financials upon request. Rent will commence at $3,500 per month ($42,000 annually) for years 1–2, with 3% annual escalations beginning in year 3, providing consistent income growth. The lease is structured as a true triple-net (NNN), with the tenant responsible for all taxes, insurance, and maintenance, creating a passive investment for ownership. Success on the Spectrum operates within the rapidly expanding ABA therapy sector, a critical, needs-based healthcare service driven by rising autism diagnoses and demand for early intervention. Notably, ABA services are largely reimbursed through Medicaid and private insurance, offering a reliable and recession-resistant revenue stream for operators. This makes the property an attractive opportunity for investors seeking durable cash flow backed by a healthcare-oriented tenant.
Spectrum – Rittman, a growing provider of Applied Behavior Analysis (ABA) therapy for children with autism. The current owner-occupier is prepared to execute a new 10-year lease with two five-year renewal options, offering long-term stability, and is willing to provide financials upon request. Rent will commence at $3,500 per month ($42,000 annually) for years 1–2, with 3% annual escalations beginning in year 3, providing consistent income growth. The lease is structured as a true triple-net (NNN), with the tenant responsible for all taxes, insurance, and maintenance, creating a passive investment for ownership. Success on the Spectrum operates within the rapidly expanding ABA therapy sector, a critical, needs-based healthcare service driven by rising autism diagnoses and demand for early intervention. Notably, ABA services are largely reimbursed through Medicaid and private insurance, offering a reliable and recession-resistant revenue stream for operators. This makes the property an attractive opportunity for investors seeking durable cash flow backed by a healthcare-oriented tenant.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
12,960 SF
Building Class
B
Year Built
1920
Price
$817,295,980 CAD
Price Per SF
$63,062.96 CAD
Cap Rate
7%
NOI
$57,210,719 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.33
Lot Size
0.90 AC
Opportunity Zone
Yes
Zoning
C2
Parking
21 Spaces (1.62 Spaces per 1,000 SF Leased)
Frontage
96’ on Main St
Amenities
- Banking
- Pylon Sign
- Drive Thru
Fairly walkable
50/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $219,934 CAD | |
| Land Assessment | $29,886 CAD | Total Assessment | $249,820 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$29,886 CAD
Improvements Assessment
$219,934 CAD
Total Assessment
$249,820 CAD
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