Mad River Harley-Davidson - Sandusky, OH | 5316 Milan Rd
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Mad River Harley-Davidson - Sandusky, OH 5316 Milan Rd
44,627 SF Retail Building Sandusky, OH 44870 $7,620,648 CAD ($171 CAD/SF) 7% Cap Rate
Investment Highlights
- Mad River Harley-Davidson is the Epicenter of Ohio Bike Week, Which is an Annual, 10-Day Festival That Brings Over 150,000
- American Road Group Recently Agreed to Extend Their Lease, Which Now Runs Through 2038, Showing Their Long-Term Commitment to the Site
- This Dealership is Located on Milan Road Near the Intersection of Ohio State Route 2 and is Surrounded By National Retailers
- The Lease is Corporately Guaranteed By American Road Group, Who Operates 12 Flagship Harley Davidson Dealerships Across the Country
- Mad River Harley-Davidson is a Full Service Dealership, Offering New and Used Bikes, Trailers, Service, New Rider School, Winter Storage, Merchandise
Executive Summary
Sands Investment Group is Pleased to Exclusively Offer For Sale the 44,627 SF Mad River Harley-Davidson Located at 5316 Milan Road in Sandusky, OH. Mad River Hosts Ohio Bike Week Annually, Which Attracts Over 150,000 Attendees Each Year. The Lease is Guaranteed By American Road Group, Which Operates 12 Flagship Harley Davidson Dealerships Across the Country, Providing For a Secured Investment.
In Cooperation With ParaSell, Inc. , A Licensed Ohio Broker - Lic. #REC.2020005946 BoR: Scott Reid - Lic. OH #BRKP.2020001224
In Cooperation With ParaSell, Inc. , A Licensed Ohio Broker - Lic. #REC.2020005946 BoR: Scott Reid - Lic. OH #BRKP.2020001224
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
44,627 SF
Building Class
B
Year Built
1990
Price
$7,620,648 CAD
Price Per SF
$171 CAD
Cap Rate
7%
NOI
$533,474 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
3.10 AC
Frontage
326 ft on Milan Rd
Amenities
- Pylon Sign
- Signage
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Mad River Harley Davidson
- Retailer
- 44,627 SF
- $11.96 CAD
- Double Net
- Feb 2038
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Mad River Harley Davidson | Retailer | 44,627 SF | $11.96 CAD | Double Net | Feb 2038 |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 32-03494-011 | Improvements Assessment | $939,962 CAD |
| Land Assessment | $491,959 CAD | Total Assessment | $1,431,922 CAD |
PROPERTY TAXES
Parcel Number
32-03494-011
Land Assessment
$491,959 CAD
Improvements Assessment
$939,962 CAD
Total Assessment
$1,431,922 CAD
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Mad River Harley-Davidson - Sandusky, OH | 5316 Milan Rd
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