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115 E Airport Hwy

2,255 SF Retail Building Swanton, OH 43558 $1,062,961 CAD ($471 CAD/SF)

Investment Highlights

  • True triple net (NNN) lease with renewals
  • 2% annual increases
  • Visibility on Airport Highway
  • Key Bank has occupied the space since 1984.
  • Kroger out parcel
  • 13,867 VPD 2023

Executive Summary

NEW THREE YEAR RENEWAL July 2025 to June 2028 with additional renewals remaining. The sale of the Key Bank building in the highly traveled area of Swanton, Ohio. Over 13,000 vehicles pass by daily. Key Bank has occupied this space since 1984. This property is part of a portfolio sale that includes property in Maumee, Ohio at 201-302 Conant St Can be purchased individually.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
2,255 SF
Building Class
C
Year Built
1984
Price
$1,062,961 CAD
Price Per SF
$471 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.54 AC
Zoning
B3
Parking
20 Spaces (8.87 Spaces per 1,000 SF Leased)
Frontage
150 ft on Airport Hwy

Amenities

  • Pylon Sign
  • Drive Thru

Nearby Major Retailers

KeyBank
Kroger
Fifth Third Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
28-055224-00.000
Land Assessment
$15,280 CAD
Improvements Assessment
$102,596 CAD
Total Assessment
$117,877 CAD
  • Listing ID: 31094110

  • Date on Market: 2024-03-01

  • Last Updated:

  • Address: 115 E Airport Hwy, Swanton, OH 43558

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