Monro Muffler
CONTACT US REGARDING THIS LISTING
PROPERTY ADDRESS
15791 US HIGHWAY 36, MARYSVILLE, OH 43040
PROPERTY INFORMATION
Price:
$644,000
Cap Rate:
6.0%
Term Remaining:
5.5 years Years
Year Built:
1994
INVESTMENT HIGHLIGHTS
- 4,500 SF Monro Muffler & Brake Store
- Out Parcel to Lowe's, Goodwill & Big Lots! Retail Center
- Ground Lease | No Landlord Responsibilities
- Tenant Just Exercised It's 4th and Last Renewal Option
- E-Commerce Resistant Business Model
- Long Term Tenant - Since 1994
- 10 Mile Population Exceeds 49,000 Residents
- 10% Rent Bump In April of 2019 Increases Cap Rate To 6.0%
- Average Household Income Within 10 Miles Exceeds $90,000