125 Hilliard Rd - Freestanding FOR SALE


Elyria, OH 44035
$720,000 USD
216-789-4182
125 Hilliard Rd, Elyria, OH for Sale
$720,000 USD
Freestanding - FOR SALE
1/45
null | 7% Cap Rate

125 Hilliard Rd
Elyria, OH 44035


HIGHLIGHTS

  • 10 year NNN Lease
  • 7.0 Cap rate
  • Long Term Tenant

OVERVIEW

10 year NNN Lease. Two (5) year renewable options. 10% increase every renewable option. Currently 30 year business at this location the last 12 years. All areas have been remodeled. 100% occupied by long term tenants. Designed for 3 tenants. Reception area, waiting room, private offices, conference room. Two parcels are included. Corporate fitness center on site with sauna, showers, locker room.

FOR SALE DETAILS

PRICE

$720,000 USD

PRICE/SF

$221 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

-

APN/PARCEL ID

06-25-032-102-006

ASK ABOUT THIS PROPERTY

Mike DeAnnaCentury 21 Deanna RealtyMore Info
216-789-4182

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

Mike DeAnnaCentury 21 Deanna RealtyMore Info
216-789-4182

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