125 Hilliard Rd - Freestanding FOR SALE


Elyria, OH 44035
$630,000 USD
216-789-4182
125 Hilliard Rd, Elyria, OH for Sale
$630,000 USD
Freestanding - FOR SALE
1/45
null | 8% Cap Rate

125 Hilliard Rd
Elyria, OH 44035


HIGHLIGHTS

  • 10 year NNN Lease
  • 8.0 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. Tenant pays gas, electric, CAM, water, sewer, trash, insurance, taxes, and Cap Improvements up to $2,500 per occurrence.

FOR SALE DETAILS

PRICE

$630,000 USD

PRICE/SF

$193 USD /SF

CAP RATE

8%

% 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

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Mike DeAnnaCentury 21 Deanna RealtyMore Info
216-789-4182

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