Drug Store
Vitamin Shoppe Abs NNN | Excellent Visibility w Strong Traffic Counts
771 N Lexington-Springmill Rd, Ontario, OH 44906
Listing Price: $2,315,000
Cap Rate
7.00%
Tenant Name
Vitamin Shoppe
Years Remaining On Lease
3.9
Gross SF
4,090
Guarantor
No Guarantee
Rentable SF
4,090
Price/Gross SF
$566.01
Lease Type
Absolute Net
Rent Per Square Feet
$39.60
Investment Overview
Marcus & Millichap is pleased to exclusively present for sale, Vitamin Shoppe located in Ontario, Ohio. The subject property current has an absolute triple-net lease with four years remaining. Vitamin Shoppe is being offered for $2,315,000.
Vitamin Shoppe Abs NNN | Excellent Visibility w Strong Traffic Counts
Investment Highlights
- Vitamin Shoppe Absolute Triple-Net Lease with Four Years Remaining in Ontario, Ohio (Mansfield MSA)
- Vitamin Shoppe is a Business Unit of Franchise Group, Inc. (NASDAQ: FRG) with a $1 Billion Market Cap
- Corporate Lease – All Vitamin Shoppe Locations are Corporately Leased and Operated
- Implied Strong Financial Backing with Over 700 Vitamin Shoppe Stores in Operation Within the Business Unit
- Strong Traffic Counts of 18,140 Vehicles per Day on N Lexington-Springmill Road and 27,440 Vehicles per Day Combined at Adjacent Intersection
- Immediately Adjacent to Chipotle, Outback, Jersey Mike's, T-Mobile, Aspen Dental, Charley's, Roosters, Goodwill, Old Navy, and More
- Direct/Immediate Ingress/Egress to N Lexington-Springmill Road via Shared Entrance Drive
Drug Store
Vitamin Shoppe Abs NNN | Excellent Visibility w Strong Traffic Counts
Listing Price: $2,315,000
Cap Rate
7.00%
Tenant Name
Vitamin Shoppe
Years Remaining On Lease
3.9
Gross SF
4,090
Guarantor
No Guarantee
Rentable SF
4,090
Price/Gross SF
$566.01
Lease Type
Absolute Net
Rent Per Square Feet
$39.60
Investment Highlights
- Vitamin Shoppe Absolute Triple-Net Lease with Four Years Remaining in Ontario, Ohio (Mansfield MSA)
- Vitamin Shoppe is a Business Unit of Franchise Group, Inc. (NASDAQ: FRG) with a $1 Billion Market Cap
- Corporate Lease – All Vitamin Shoppe Locations are Corporately Leased and Operated
- Implied Strong Financial Backing with Over 700 Vitamin Shoppe Stores in Operation Within the Business Unit
- Strong Traffic Counts of 18,140 Vehicles per Day on N Lexington-Springmill Road and 27,440 Vehicles per Day Combined at Adjacent Intersection
- Immediately Adjacent to Chipotle, Outback, Jersey Mike's, T-Mobile, Aspen Dental, Charley's, Roosters, Goodwill, Old Navy, and More
- Direct/Immediate Ingress/Egress to N Lexington-Springmill Road via Shared Entrance Drive
Investment Overview
Marcus & Millichap is pleased to exclusively present for sale, Vitamin Shoppe located in Ontario, Ohio. The subject property current has an absolute triple-net lease with four years remaining. Vitamin Shoppe is being offered for $2,315,000.
