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NNN CREDIT TENANT WITH 20 YR RENEWAL

Memorandum Of Offering

19,262 Square Feet Building on 4.13 Acres

$158,448 NNN Per Annum

L ocated in one of Ohio’s fastest growing corridors on the Northwest quadrant of Columbus, Marysville has a 50 million dollar annual agricultural base. The Honda of America manufacturing plant and its ancillary manufacturing plants add impetus to the overall health of the economy. Five interchanges provide easy access to the area which is also serviced by the Union County Airport. Wal-Mart and several chain restaurants adjoin the subject. A rapidly growing region with 15% population growth over the past five (5) years, offers the ideal dynamic for “credit tenant” triple net income. Offered at 6.21 cap rate based upon $158,000 NNN per annum thru 2020 with renewal options thru 2035.

 

   

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property Features

  • QUOTING: $2,550,000

  • ADDRESS: 115600 State Rt 36 E, Marysville, OH 43040

 

 

Last Updated:

 

 

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Licensed in Ohio and Kentucky with Florida Affiliation
All information contained herein while believed to be accurate is not warranted.