418-420 S 2nd St - Storefront FOR SALE


Ironton, OH 45638
$378,814 USD
800-385-6421
418-420 S 2nd St, Ironton, OH for Sale
$378,814 USD
Storefront - FOR SALE
1/3
null | 7% Cap Rate

418-420 S 2nd St
Ironton, OH 45638


HIGHLIGHTS

  • Building frontage on Adams St

OVERVIEW

Investment Grade Tenant: Corporately backed lease with an investment-grade BBB credit rating (S&P) and over $20B in annual revenue. Fortune 500 Ranked: Sherwin-Williams is ranked #178 on the Fortune 500 list. Length of Tenancy: Sherwin Williams has been a tenant since 1991, executing five lease renewal options. Liberty Tattoo has occupied the space for over 10 years. Prime Location: Signalized intersection with dual access from Adams St and 2nd. Dense Retail: The site is surrounded by major retailers including Dollar Tree, Speedway, Long John Silver's, Wendy's, Holiday Inn, and CVS. Limited Competition: Sole paint supplier for 26,000+ residents with limited local competition. E-Commerce Resistant: Sherwin-Williams is e-commerce-proof, as paint continues to thrive amid online shopping growth.

FOR SALE DETAILS

PRICE

$378,814 USD

PRICE/SF

$74 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

CROSS STREETS

Adams St.

LAND ACRES

0.27 AC

LAND SF

11,617 SF

ZONING

-

APN/PARCEL ID

34-044-1300-000

ASK ABOUT THIS PROPERTY

Gregory FitzgeraldTri-Oak Consulting GroupMore Info
800-385-6421

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

Gregory FitzgeraldTri-Oak Consulting GroupMore Info
800-385-6421

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