115 E Airport Hwy
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115 E Airport Hwy
2,255 SF Retail Building Swanton, OH 43558 £586,759 (£260/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
£586,759
Price Per SF
£260
Tenancy
Single
Number of Floors
1
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
PROPERTY TAXES
| Parcel Number | 28-055224-00.000 | Improvements Assessment | £56,634 |
| Land Assessment | £8,435 | Total Assessment | £65,069 |
PROPERTY TAXES
Parcel Number
28-055224-00.000
Land Assessment
£8,435
Improvements Assessment
£56,634
Total Assessment
£65,069
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115 E Airport Hwy
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