20889 OH-93
Wellston, OH
Price:
$1,231,000
Cap Rate:
6.70%
NOI:
$82,448
Building Size:
Approx. 9,100 Sq. Ft.
Lot Size:
Approx. 1.82 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2019
Investment Overview
- 2019 Construction. 9,100+/- SF Building on 1.82+/- Acre Site
- 15-Year Absolute NNN Lease w/ 10% Rent Bumps in Options
- Located along Broadway St “State Route 93”, just N of US-35
- Subject property will benefit from underserved retail market
- Wellston is located in the foothills of the Appalachian Mountains
- 1-Hour S of Columbus, OH & Ohio State University (68K Enrollment)
- Major Industries: Education, Technology, Government, & Research
- Greater Columbus (MSA) | Second Largest in OH | Population: 2M+