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Drug Store

The Vitamin Shoppe

771 N Lexington-Springmill Rd, Ontario, OH 44906

Listing Price: $2,450,000

Cap Rate
6.60%
Tenant Name
Vitamin Shoppe
Years Remaining On Lease
5.1
Gross SF
4,090
Guarantor
No Guarantee
Rentable SF
4,090
Price/Gross SF
$599.02
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$39.60

Investment Overview

Vitamin Shoppe Abs NNN Lease with 5+ Years Remaining in Ontario, OH (Mansfield MSA). 4,090 SF Box on Prime 0.46-Acre Lot Just Off Major Intersection with 100 Feet of Frontage & Strong Visibility. Strong Traffic Counts of 18,140 VPD on N Lexington-Springmill Rd & 27,440 VPD Combined at Adjacent Intersection. • Immediately Adjacent to Chipotle, Outback, Jersey Mike’s, T-Mobile, Aspen Dental, Charley’s, Roosters, Goodwill, Old Navy, and More.

Investment Highlights

  • Vitamin Shoppe Abs NNN Lease with 5+ Years Remaining in Ontario, OH (Mansfield MSA)
  • Vitamin Shoppe is a Business Unit of Franchise Group, Inc. (NASDAQ: FRG) with a $1.5B Market Cap
  • Corporate Lease – All Vitamin Shoppe Locations are Corporately Leased & Operated
  • Implied Strong Financial Backing with 700+ Vitamin Shoppe Stores in Operation within the Business Unit
  • Absolute NNN Lease Structure – Any/All Landlord CapEx Responsibilities are Fully Reimbursed
  • Tenant Self-Maintains CAM, HVAC, and Performs Parking Lot Maintenance & Repair

Exclusively Listed By

Financing By

Drug Store

The Vitamin Shoppe

Listing Price: $2,450,000

Cap Rate
6.60%
Tenant Name
Vitamin Shoppe
Years Remaining On Lease
5.1
Gross SF
4,090
Guarantor
No Guarantee
Rentable SF
4,090
Price/Gross SF
$599.02
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$39.60

Investment Highlights

  • Vitamin Shoppe Abs NNN Lease with 5+ Years Remaining in Ontario, OH (Mansfield MSA)
  • Vitamin Shoppe is a Business Unit of Franchise Group, Inc. (NASDAQ: FRG) with a $1.5B Market Cap
  • Corporate Lease – All Vitamin Shoppe Locations are Corporately Leased & Operated
  • Implied Strong Financial Backing with 700+ Vitamin Shoppe Stores in Operation within the Business Unit
  • Absolute NNN Lease Structure – Any/All Landlord CapEx Responsibilities are Fully Reimbursed
  • Tenant Self-Maintains CAM, HVAC, and Performs Parking Lot Maintenance & Repair

Investment Overview

Vitamin Shoppe Abs NNN Lease with 5+ Years Remaining in Ontario, OH (Mansfield MSA). 4,090 SF Box on Prime 0.46-Acre Lot Just Off Major Intersection with 100 Feet of Frontage & Strong Visibility. Strong Traffic Counts of 18,140 VPD on N Lexington-Springmill Rd & 27,440 VPD Combined at Adjacent Intersection. • Immediately Adjacent to Chipotle, Outback, Jersey Mike’s, T-Mobile, Aspen Dental, Charley’s, Roosters, Goodwill, Old Navy, and More.

Exclusively Listed By

Financing By

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