825 Union Rd - Auto Repair FOR SALE


Englewood, OH 45315
$1,666,667 USD
332-345-4222
825 Union Rd, Englewood, OH for Sale
$1,666,667 USD
Auto Repair - FOR SALE
1/2
null | 6% Cap Rate

825 Union Rd
Englewood, OH 45315


HIGHLIGHTS

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

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Take 5 Oil Change located at 825 Union Blvd Englewood, OH 45315. The site consists of roughly 1,682 rentable square feet of building space on an estimated 0.78-acre parcel of land. This Take 5 Oil Change will be subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $1000,000 and have scheduled increases of 1.50% annually.

FOR SALE DETAILS

PRICE

$1,666,667 USD

PRICE/SF

$1,161 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Take 5 Oil Change

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

Comm

APN/PARCEL ID

M57-00719-0003

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.