18 W Maple St - Storefront FOR SALE


Willard, OH 44890
$657,000 USD
216-201-9113
18 W Maple St, Willard, OH for Sale
$657,000 USD
Storefront - FOR SALE
1/3
null | 7.75% Cap Rate

18 W Maple St
Willard, OH 44890


HIGHLIGHTS

  • Market Dominance – This is the only non-dealership collision center in the market, providing stability and longer term staying power.
  • Strategic Location – Positioned on a corner parcel in the historic heart of downtown Willard near the main grocery store, restaurants, and shopping.
  • Strong Tenant Guaranty – Corporate backed lease with Caliber Collision (Wand Newco 3, Inc) with ±6.5 years left plus two, 5-year options.
  • Hedge Against Inflation – Annual 2% rent increases provide the perfect protection against inflation.
  • Attractive Market Demographics – Average household income of $69,316+ within a five mile radius

OVERVIEW

Broker of Record Matt Wallace License No. REC.2022007141 (OH) (866) 889-0550 Matthews Real Estate Investment Services, Inc 950 Main Ave., Suite 510, Cleveland, OH 44113

FOR SALE DETAILS

PRICE

$657,000 USD

PRICE/SF

$376 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CALIBER COLLISION

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,001 SF

ZONING

-

APN/PARCEL ID

51-0310-03-004-0000

ASK ABOUT THIS PROPERTY

Jason LongMatthews Real Estate Investment ServicesMore Info
216-201-9113

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Jason LongMatthews Real Estate Investment ServicesMore Info
216-201-9113

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