3230 W Elm St | Lima, OH 45805
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- LoopNet Team
3230 W Elm St
Lima, OH 45805
Rite Aid · Retail Property For Sale
Investment Highlights
- Rite Aid (NYSE: RAD) – 9 Lease Years Remaining – Single Tenant Net Leased Asset
- Recent Early Lease Extension – Demonstrating Strength of the Location
- 6, 5 Year Options with Fixed $14,564/Year Rental Increases Each Option (~4% Rental Increases)
- Strong Store Performance – Top 33% in the State; #1 of 5 in the County (CreditIntel)
- 20 Year Roof Warranty In-Place (~8 Years Remaining)
- Passive Long Term Investment – Minimal Landlord Responsibilities - Ease of Management
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,565 SF
Building Class
B
Year Built
2008
Tenancy
Single
Number of Floors
1
Building FAR
0.16
Land Acres
2.05 AC
Zoning
B-2 - General Business District
Parking
62 Spaces (4.26 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Signalised Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 36-34-07-02-007.000 | Improvements Assessment | £283,085 |
| Land Assessment | £71,775 | Total Assessment | £354,861 |
PROPERTY TAXES
Parcel Number
36-34-07-02-007.000
Land Assessment
£71,775
Improvements Assessment
£283,085
Total Assessment
£354,861
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