Retail Business for Sale in Lima, OH
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Lima, OH 45805
Description
Brand New Absolute NNN 12 Year Lease to be executed at close of escrow with 12% rent increases every 4 years during the initial lease term. Tenant has two additional 5 year options at 10% rent increases. Dunkin's Diamonds is a staple in the community and has been operating out of this premier location for 30 years. Investment Highlights: • Brand New Absolute NNN 12 Year Lease beginning at COE with 12% rent increases every 4 years during initial term. • Hard Corner location at the two busiest cross streets of the major retail corridor in Lima, Ohio. • Dunkin's Diamonds has a 30 year track record at this location.
Market Context
This retail in Lima, OH is listed for sale. It is offered at an approximate 8.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 68 days. Compare it against other retail listings for sale in Lima, OH — <a href="/search/sale/retail/ohio/lima">view the full market</a>.
Contact
- Gabriel Glimcher · (602) 687-6813 · gabriel.glimcher@marcusmillichap.com
- Michael L. Glass · (614) 360-9800
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