100 Christopher Xing - Service Station FOR SALE


Van Wert, OH 45891
$1,166,667 USD
332-345-4222
100 Christopher Xing, Van Wert, OH for Sale
$1,166,667 USD
Service Station - FOR SALE
1/2
null | 6% Cap Rate

100 Christopher Xing
Van Wert, OH 45891


HIGHLIGHTS

  • Long-Term 20-Year NNN Sale-Leaseback
  • Strong Corporate Guarantee
  • Absolute Triple Net (NNN) Lease

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change located at 100 Christopher Crossing, Van Wert, OH 45891. The site consists of roughly 1,418 rentable square feet of building space on an estimated 0.462-acre parcel of land. This Take 5 Oil Change is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $70,000 and has scheduled increases of 1.50% annually.

FOR SALE DETAILS

PRICE

$1,166,667 USD

PRICE/SF

$306 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

-

APN/PARCEL ID

12-030476.9400

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.