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Single-Tenant Industrial

Stay Dry Waterproofing NNN Industrial

401 Chestnut St, Marysville, OH 43040

Listing Price: $1,150,000

Cap Rate
7.39%
Gross SF
12,000
Price/Gross SF
$95.83
Lot Size
1.09 acres
Year Built
1920
Rentable SF
12,000

Investment Overview

Marcus & Millichap is pleased to present Stay Dry Waterproofing NNN Industrial in Marysville, Ohio. This offering consists of a 12,000-square-foot single-tenant industrial building on 1.09 acres. Located with excellent access to State Routes 33, 36, and 46, the property is currently tenanted by Stay Dry Waterproofing. The seller will sign a five-year absolute triple-net lease after closing. Due to the property being zoned Neighborhood Commercial District, this property is suitable for a variety of investment plans or business uses.

Investment Highlights

  • Absolute Triple-Net (NNN) Lease with Stay Dry Waterproofing | Brand New Five-Year Term | 2 Percent Annual Rental Increases
  • Strong Revenue and Profitability at Subject Location
  • Recently Renovated Office Space
  • Excellent Access to SR-33, SR-36, and SR-42
  • Subject Property is Walking Distance to Memorial Hospital, Eljer Park, and Less than Two Miles from Multiple Major Retailers | Desirable Location for Business
  • Over 1,000 Acres Planned to be Developed for Commercial and Residential Use Within a Three Mile Radius
  • Roughly 60 Percent of the U.S. Population is Within a One-Day Drive of Columbus
  • Submarket Vacancy: 2.6 Percent

Exclusively Listed By

Financing By

Single-Tenant Industrial

Stay Dry Waterproofing NNN Industrial

Listing Price: $1,150,000

Cap Rate
7.39%
Gross SF
12,000
Price/Gross SF
$95.83
Lot Size
1.09 acres
Year Built
1920
Rentable SF
12,000

Investment Highlights

  • Absolute Triple-Net (NNN) Lease with Stay Dry Waterproofing | Brand New Five-Year Term | 2 Percent Annual Rental Increases
  • Strong Revenue and Profitability at Subject Location
  • Recently Renovated Office Space
  • Excellent Access to SR-33, SR-36, and SR-42
  • Subject Property is Walking Distance to Memorial Hospital, Eljer Park, and Less than Two Miles from Multiple Major Retailers | Desirable Location for Business
  • Over 1,000 Acres Planned to be Developed for Commercial and Residential Use Within a Three Mile Radius
  • Roughly 60 Percent of the U.S. Population is Within a One-Day Drive of Columbus
  • Submarket Vacancy: 2.6 Percent

Investment Overview

Marcus & Millichap is pleased to present Stay Dry Waterproofing NNN Industrial in Marysville, Ohio. This offering consists of a 12,000-square-foot single-tenant industrial building on 1.09 acres. Located with excellent access to State Routes 33, 36, and 46, the property is currently tenanted by Stay Dry Waterproofing. The seller will sign a five-year absolute triple-net lease after closing. Due to the property being zoned Neighborhood Commercial District, this property is suitable for a variety of investment plans or business uses.

Exclusively Listed By

Financing By

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