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Net Lease

Monro Tire Portfolio - Cincinnati MSA

736 High St, Hamilton, OH 45011

Listing Price: $4,742,856

Cap Rate
7.00%
Lot Size
3.34 acres
Year Built
1922
Rentable SF
38,216

Investment Overview

Four-Unit Portfolio of Tire Shops Corporately Guaranteed by Monro, Inc with 7 years remaining on the Lease. There are Three (3) Five-Year Options With 10% Increases in Each Option Period

Investment Highlights

  • Corporate Lease with Monro, Inc. | U.S. Largest Retail Tire Dealership
  • 7+ Years Remaining on Lease Terms
  • Attractive 10% Increases in Each Option Period
  • Monro, Inc Acquired Operating Tire Business in 2018
  • Located in the Cincinnati MSA | 29th Largest in the U.S.
  • Strong Demos | Fairfield - 139,702 | Hamilton - 126,752 | Middletown - 80,314

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (216) 264-2000

    License(s) OH: BRK.2007005898

    Ohio

Financing By

Net Lease

Monro Tire Portfolio - Cincinnati MSA

Listing Price: $4,742,856

Cap Rate
7.00%
Lot Size
3.34 acres
Year Built
1922
Rentable SF
38,216

Investment Highlights

  • Corporate Lease with Monro, Inc. | U.S. Largest Retail Tire Dealership
  • 7+ Years Remaining on Lease Terms
  • Attractive 10% Increases in Each Option Period
  • Monro, Inc Acquired Operating Tire Business in 2018
  • Located in the Cincinnati MSA | 29th Largest in the U.S.
  • Strong Demos | Fairfield - 139,702 | Hamilton - 126,752 | Middletown - 80,314

Investment Overview

Four-Unit Portfolio of Tire Shops Corporately Guaranteed by Monro, Inc with 7 years remaining on the Lease. There are Three (3) Five-Year Options With 10% Increases in Each Option Period

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (216) 264-2000

    License(s): OH: BRK.2007005898

    Ohio

Financing By

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