Monro Muffler

CONTACT US REGARDING THIS LISTING

Robert Bender

Managing Partner

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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
Status:
Available

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