614 W Light St
Felicity, OH
Price:
$1,357,000
Cap Rate:
6.70%
NOI:
$90,924
Building Size:
Approx. 9,026 Sq. Ft.
Lot Size:
Approx. 1.32 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2019
Investment Overview
- 2019 Construction. 9,026+/- SF Building on 1.32+/- Acre Site
- 15-Year Absolute NNN Lease w/ 10% Rent Bumps in Options
- Located along State Route 756“ W Light St”, main town’s thoroughfare
- Felicity is a village in Clermont County, along the Ohio River bordering Kentucky
- Healthy Income Demos w/ $61,823 within a 3-Mile Radius & $68,721 at 5-Mile Radius
- Subject Property is located 36-Miles SE of Cincinnati, OH (economic & cultural hub)
- Home to major corporations including Proctor & Gamble and The Kroger Company