Listed by Capitol Equities Realty Ltd
$2,250,000
809 Refugee Road
Details
Property Type Industrial
Sub Type Flex
Square Footage 5,772
Cap Rate 6.67%
NOI $150,000
Occupancy 100%
Tenancy Single
Brand/Tenant SunAuto
Lease Type NN
Lease Term 10
Lease Expiration 07/31/2034
Remaining Term 8.2
Lease Options four 5-year options
Investment Type Stabilized
Lease Commencement 08/01/2024
Occupancy Date 08/01/2024
Stand-alone NNN Stable Investment Fronting Giant Eagle Center on 256/Hill Road South @ Refugee Road
Marketing description
Introducing a prime investment opportunity in the heart of the Pickerington, Ohio commercial corridor This automotive services retail center, built in 1988, is a stand-alone, 5,772 SF building. A long-term, stable lease commenced in 2024, providing a great, low-risk investment opportunity.
Investment highlights
Stand-alone, 5,772 SF automotive services building in the Pickerington commercial corridor
New, ten-year lease in place with a well-financed automotive services and tire operation
Tenant: SunAuto Tire & Service has 485 locations nationwide with over 21 brands, including Boyd's Tire & Service
Prime location at the intersection of Refugee and Hill Road, the business services the stable and growing Pickerington community
Listing Contacts
Listed by Capitol Equities Realty Ltd
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$150,000.00
$12,500.00/mo
Valuation Metrics
0
DSCR
6.67%
Cap Rate
6.67%
ROI
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