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1249 N High St

143,518 SF 100% Leased Retail Building Hillsboro, OH 45133 $2,974,824 CAD ($21 CAD/SF) 8.50% Cap Rate

Retail Buildings Ohio Hillsboro 1249 N High St, Hillsboro, OH 45133

Investment Highlights

  • Corporate lease guaranteed by Dunham's Athleisure Corporation
  • Top location adjacent highland District Hospital and Rural King
  • 8 Years guaranteed term remain with multiple 5 year options
  • Offered well below replacement cost at $43 PSF
  • Tenant Maintains HVAC 100%
  • Regionally located in center of thriving retail area

Attachments

Hillsboro OH - Dunhams Sports - Priced Significantly Below Replacement Cost

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
143,518 SF
Building Class
B
Year Built
1994
Price
$2,974,824 CAD
Price Per SF
$21 CAD
Cap Rate
8.50%
NOI
$252,860 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
17.57 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
Commercial
Parking
602 Spaces (4.19 Spaces per 1,000 SF Leased)
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Nearby Major Retailers

Frisch's Big Boy Restaurant
Nathan's Famous-delivery Only
Starbucks
Kroger
Bob Evans Restaurants
Peoples Bancorp, Inc.
Fifth Third Bank
YMCA

PROPERTY TAXES

Parcel Number 25-08-001-002.00 Improvements Assessment $1,714,975 CAD
Land Assessment $437,180 CAD Total Assessment $2,152,154 CAD

PROPERTY TAXES

Parcel Number
25-08-001-002.00
Land Assessment
$437,180 CAD
Improvements Assessment
$1,714,975 CAD
Total Assessment
$2,152,154 CAD
(216) 381-8200

Contact

  • Listing ID: 31342808

  • Date on Market: 2024-03-27

  • Last Updated:

  • Address: 1249 N High St, Hillsboro, OH 45133

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1249 N High St
(216) 381-8200 x

1249 N High St

Kyle Hartung

(216) 381-8200

(216) 381-8200

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