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United States Postal Service 23359 Coshocton Rd 3,600 SF 100% Leased Retail Building Howard, OH 43028 $362,939 CAD ($100.82 CAD/SF) 9.91% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime Mixed-Use Investment Opportunity in Howard, Ohio — Anchored by the U.S. Post Office
EXECUTIVE SUMMARY
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$42,576
|
$11.83
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$42,576
|
$11.83
|
| Taxes |
$2,282
|
$0.63
|
| Operating Expenses |
$4,330
|
$1.20
|
| Total Expenses |
$6,612
|
$1.84
|
| Net Operating Income |
$35,963
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $42,576 |
| Annual Per SF | $11.83 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $42,576 |
| Annual Per SF | $11.83 |
| Taxes (CAD) | |
|---|---|
| Annual | $2,282 |
| Annual Per SF | $0.63 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $4,330 |
| Annual Per SF | $1.20 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $6,612 |
| Annual Per SF | $1.84 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $35,963 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
- Corner Lot
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Transportation and Warehousing
- -
- $8.86 CAD
- Modified Gross
- Nov 2012
The United States Postal Service has a storied history as the institution of their Government guaranteeing safe and secure communication among and between the Government and the American people. Many are familiar with their history, which began with the Second Continental Congress and Benjamin Franklin in 1775 and continued in 1787 when the Postal Clause of the U.S. Constitution empowered Congress to establish post offices and post roads. Congress exercised those powers with the passage of The Post Office Act of 1792, which made the Postal Service a permanent fixture of the Federal Government. The Act included provisions to facilitate freedom of the press, the privacy of personal correspondence, and expand the nation’s physical infrastructure, all vital to their nation’s growth and prosperity.
- USPS
- Transportation and Warehousing
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Transportation and Warehousing | - | $8.86 CAD | Modified Gross | Nov 2012 | |
| USPS | Transportation and Warehousing | - | - | - | - |
PROPERTY TAXES
| Parcel Number | 21-00261.000 | Total Assessment | $41,055 CAD |
| Land Assessment | $3,981 CAD | Annual Taxes | $2,282 CAD ($0.63 CAD/SF) |
| Improvements Assessment | $37,074 CAD | Tax Year | 2024 Payable 2024 |
PROPERTY TAXES
Presented by
Realistar Commercial
United States Postal Service | 23359 Coshocton Rd
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