Property History
Introducing a prime investment opportunity at 321 Wagner Avenue in Greenville, Ohio. This single-tenant NN property features a corporate lease with Advance Auto Parts, providing a secure income stream with scheduled rental increases. With 4 years remaining on the lease and two 5-year extension options, this property showcases a commitment to longevity and growth. As a landlord, enjoy minimal responsibilities as the tenant covers utilities, taxes, insurance, and maintenance, making it an ideal passive investment. The property boasts a strategic location in a dense retail corridor with strong demographics, including over 18,000 residents and employees in the 5-mile trade area with an average household income of $73,805. Positioned within an established brand presence and surrounded by national credit tenants, this property offers a promising return with a net operating income of $56,750 and a cap rate of 7.05%. Don't miss out on this opportunity to own a piece of prime real estate at 321 Wagner Avenue!
4 Years Remaining | Scheduled Rental Increases | Established Brand
NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
Dense Retail Corridor | Strong National/Credit Tenant Presence | Greenville High School
Near Signalized, Hard Corner Intersection | U.S. Hwy 197 | Excellent Visibility
Strong Demographics in 5-mile Trade Area
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Zoning
Property Details
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Map
Comparable Properties
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