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925.263.2088 | 925.263.2089
415.385.7381
High Inc Demos: RITE AID 6.68% Cash on Cash Return
479 Main St Grafton, Ohio 44044

Price: $3,435,888
CAP (%): 7.75
NOI: $266
Building Size: 14 Sqft
Lot Size: 72.00 Acres
Lease Commencement: 2006
Status: Active

PDFProperty Brochure
Map Location Make an Offer

  • Please click on the links for OM, Recent Capital Improvements Paid For By Tenant!
  • Avg. HH Income $71,000+ (approx. 38% higher than national avg!)
  • Property can be delivered debt free at a 7.15% cap rate.
  • OR assume existing debt of $2.022 mil with 6.68% cash on cash return with 20 yr amo and a quick paydown!
  • Relocation of an existing store with strong customer base. 74 car parking lot with double drive thru!!!
  • Nearest Rite Aid 6.13 mi away. Nearest Walgreen's 7.7 mi away (all good signs this store will remain open).



Contact

LemRx Realty Advisors:
Dan Lem
dan@lemrx.com
Mobile: 415.385.7381

Direct:
925.263.2088 | 925.263.2089

EFAX: 415.723.7463

Office Address:
9000 Crow Canyon Rd. Ste. S-285 Blackhawk, CA 94506